Seriously I recently can apply this term opportunity cost, where i learn this? From my financial management subject.... What's opportunity cost? It means you have to sacrifice some cost or alternatives when you make a choice....

Well I applied this term in last 3 days during the Olympic opening ceremony on 8 August 2008 (08.08.08) where my friends and I had to make a choice between to watch Olympic opening ceremony or study for our mid term test? Duh of course WATCH THE OLYMPIC!
That is what i had decided which is different from my friends as they chosen to study for mid term....

Aiyo... Olympic only comes in every 4 years so I don't want to miss this out.... Besides it is totally worth, because the opening ceremony is a GREAT BUZZ.... Everytime a new activity comes they done it so beautifully and astonishing!!!!

I say it is totally worth of letting go my mid-term :P but I passed! Lucky me! hehe...I hope you guys enjoyed the opening ceremony as I had =)

Opportunity cost!!! Aha! I remember how it is applied to life but I don't remember the exact definition. Though what you did was really an application of opportunity cost to the real life.
» Nuttz on 2008-08-15 06:53:36

I know, I had to go starbucks a couple of times.

I don't stay with my parents, I'm staying with my uncle.
» Nuttz on 2008-08-15 10:35:31

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