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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)$76,207.00-2.69%
  • ethereumEthereum(ETH)$2,286.75-2.21%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$764.85-1.05%
  • rippleXRP(XRP)$1.61-0.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$100.44-4.13%
  • tronTRON(TRX)$0.2862461.08%
  • staked-etherLido Staked Ether(STETH)$2,285.87-2.21%
  • dogecoinDogecoin(DOGE)$0.107771-0.32%
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  • bitcoinBitcoin(BTC)$76,207.00-2.69%
  • ethereumEthereum(ETH)$2,286.75-2.21%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$764.85-1.05%
  • rippleXRP(XRP)$1.61-0.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$100.44-4.13%
  • tronTRON(TRX)$0.2862461.08%
  • staked-etherLido Staked Ether(STETH)$2,285.87-2.21%
  • dogecoinDogecoin(DOGE)$0.107771-0.32%