Opportunity Cost

Two physical objects cannot occupy the same space at the same time. If you have any doubts about this - trying jamming both legs into a single pant leg as a quick experiment. Opportunities are the same - seizing one will generally cost you another. This is important to consider where tradeoffs of time, money, and desired outcomes are involved. Here's an example: Let's say you're looking to buy a software or a solution for your business/project. Buying that solution right now might solve a...
Read post