Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternative that is not chosen.
Forbes contributors publish independent expert analyses and insights. Tim Maurer covers how personal finance is more personal than finance.
In September 2023, David Leonhardt wrote an opinion piece provocatively headlined “Why Does Duke Have So Few Low-Income Students?" with images of graduation paraphernalia like mortar boards and ...
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