When it comes to common financial principles used by investors and professionals, the term “opportunity cost” is used often. Opportunity cost is the value of the alternative option you’ve given up ...

There's a cost in every choice you make. To make the best choices for yourself, you need to look at what you're getting and what you're giving up, and then factor in your own personal values. It’s an ...

Businesses need to minimize the risk of failure and maximize the chances of success, which is why managers need facts and numbers to work with when developing business strategies and choosing options.

Once you understand opportunity cost, you’ll make smarter financial decisions, especially when you’re managing side gigs or investing your effort, time and money. Here’s what you should know, so you ...

Ever heard of opportunity cost but not sure what it means? This quick and easy lesson breaks it down with simple examples so you can understand how every choice has a cost — even the one you didn't ...

You may never have done a formal study of economics. But there’s one economic principle that you can put to good use every single day. That principle is opportunity cost. In all your various life ...

Opinions expressed by Entrepreneur contributors are their own. As long as there are finite resources in business, opportunity-cost analysis will be important for business leaders. The way entrepreneur ...

How much does it cost to receive health care? Consider the case of a 45-year-old working mother with hypertension. She has an appointment to see her primary care physician at 10 a.m. on a Tuesday—the ...

When an investor is analyzing and comparing options, opportunity cost reflects the potential benefits that the investor gives up by electing against some of the options. Read on to learn about the ...

Opportunity cost is the missed gain from not choosing a better option. Calculating future investment opportunity costs is complex and not always precise. Consider opportunity costs to optimize ...

An opportunity cost is a benefit that an individual or business forgoes because they made one decision instead of another. In other words, opportunity cost could be described with the acronym COMO: ...