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What is opportunity cost? A definition and examples

March 1, 2023 by DIGIT
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Opportunity cost is the potential benefit that is missed out on when choosing one option over another.

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Categories crypto mining, crypto trading, opportunity cost, Sunk Cost
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  • bitcoinBitcoin(BTC)$69,661.00-0.68%
  • ethereumEthereum(ETH)$2,497.92-1.39%
  • tetherTether(USDT)$1.000.14%
  • binancecoinBNB(BNB)$569.83-1.36%
  • solanaSolana(SOL)$165.76-2.76%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.51-1.00%
  • staked-etherLido Staked Ether(STETH)$2,495.77-1.88%
  • dogecoinDogecoin(DOGE)$0.158190-2.45%
  • tronTRON(TRX)$0.166920-0.54%
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  • bitcoinBitcoin(BTC)$69,661.00-0.68%
  • ethereumEthereum(ETH)$2,497.92-1.39%
  • tetherTether(USDT)$1.000.14%
  • binancecoinBNB(BNB)$569.83-1.36%
  • solanaSolana(SOL)$165.76-2.76%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.51-1.00%
  • staked-etherLido Staked Ether(STETH)$2,495.77-1.88%
  • dogecoinDogecoin(DOGE)$0.158190-2.45%
  • tronTRON(TRX)$0.166920-0.54%