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What are the possible drawbacks associated with not considering opportunity costs and time value of money when making financial decisions?
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What are the possible drawbacks associated with not considering opportunity costs and time value of money when making financial decisions?

User Carlos Gant
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opportunity cost

opportunity cost is defined as sacrificing something to obtain something else which is more desirable. every individual has multiple opportunities at one point of time out of which he selection one opportunity which is more desirable and sacrifice other opportunities.

User Olukemi
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