Explain the difference between trade-off and opportunity cost. I just need a short response. Thanks!

Renato Probst asked Jun 20, 2022

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12 votes

Explain the difference between trade-off and opportunity cost.

I just need a short response. Thanks!

Renato Probst asked Jun 20, 2022

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25 votes

trade off is isolating what that forgone alternative is. opportunity cost involves calculating the cost off of the trade off

Jeff Schmitz answered Jun 26, 2022

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