Answer :
Answer:
given up
Explanation:
Opportunity cost is every day.
I want to go fishing today, I give up the opportunity to spend time with my family, to do homework, or to simply catch up with things to do around the house.
There are different kinds of cost. Opportunity cost means that something needs to be given up.
What is opportunity cost?
Opportunity costs is known to be a type of cost that is the potential advantage an individual, investor, etc., did exempt or misses out from when one is choosing the specific (one) alternative to choose from over another.
Knowing the specific missed opportunities when a business or a person chooses one investment over another helps one in better decision-making.
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