Vacation Versus Training - Deepstash

Vacation Versus Training

Your school has announced a vacation. You finally get a chance to go on holiday for the next 1 month. But suddenly you come to know that training is scheduled for your favorite sports which you do not want to miss.

So, if you go on vacation, your opportunity cost will be missing the training session, and if you stay for training, then your opportunity cost will be enjoying the vacation.

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anty

I’ve got 99 problems and I’m not dealing with any of them.

Opportunity cost examples that provide an outline of the most common Opportunity Cost.

The idea is part of this collection:

What Is Opportunity Cost

Learn more about moneyandinvestments with this collection

The impact of opportunity cost on personal and professional life

Evaluating the benefits and drawbacks of different choices

Understanding the concept of opportunity cost

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