How to Calculate Opportunity Cost: A Comprehensive Guide

how to calculate opportunity cost

Making selections entails contemplating numerous choices and selecting the one which aligns greatest along with your targets and preferences. Nevertheless, each alternative you make comes with a trade-off. This trade-off is called the chance price, which is the worth of the subsequent greatest various that you simply hand over when making a selected choice. Understanding … Read more

The Ultimate Guide to Pronouncing "Opportunity" Correctly

How To Pronounce Opportunity

The Ultimate Guide to Pronouncing "Opportunity" Correctly

The proper pronunciation of “alternative” is uh-POR-tuh-nih-tee. The phrase has 4 syllables, with the stress on the third syllable. The “o” within the first syllable is pronounced just like the “o” in “canine”, and the “u” within the second syllable is pronounced just like the “u” in “put”.

Alternative is a noun that refers to a good or advantageous circumstance or event. It might probably additionally consult with an opportunity for development or progress. The phrase is derived from the Latin phrase opportunitas, which suggests “health” or “suitability”.

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