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I'm being that pedantic guy now, but I think you misunderstand opportunity cost. The opportunity cost of eating food wouldn't be the negative consequences of e
by PakG1 8y ago
I'm being that pedantic guy now, but I think you misunderstand opportunity cost. The opportunity cost of eating food wouldn't be the negative consequences of eating food. Rather, it would be the negative consequences of not doing something else that you would have done if you hadn't been eating the food.
The easiest example is that the opportunity cost of going to university is 4 years of steady income. But students believe its worth it because the future income they'd receive instead is hopefully more than worth the opportunity cost.
- coldtea 8y ago>I'm being that pedantic guy now, but I think you misunderstand opportunity cost. The opportunity cost of eating food wouldn't be the negative consequences of eating food. Rather, it would be the negative consequences of not doing something else that you would have done if you hadn't been eating the food. Thanks, I know what opportunity cost is, I just digressed when I gave the example into a "too much of a good thing" case instead of "what else you could be doing in that time" case.