Opportunity Cost In College

Opportunity cost is anything that an individual could not obtain because of scarce resources. If you had 20 dollars in your pocket and the choice of going paddle boarding or buying a meal at your favorite restaurant Opportunity cost would be the choice that you did not pick. Opportunity cost is a very import concept to grasp because we live in a world that is full of scarcity, so it is imperative that we know what we are gaining from our decisions as well as what we are losing. Opportunity cost in its simplest form is decision making .

The greatest opportunity cost for me attending college is time. As I am going down a more entrepreneurial path the time I spend writing essays, taking quizzes and doing research could be put in to me growing