+**Opportunity Cost** is the value of the next best [Alternative](/wiki/alternative) that must be forgone when a [Choice](/wiki/choice) is made. It embodies the unseen cost of every decision, representing what is given up to gain something else.
+## See also
+- [Scarcity](/wiki/scarcity)
+- [Trade-off](/wiki/trade_off)
+- [Decision Making](/wiki/decision_making)
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