An opportunity cost is the cost you pay when you give up something to get something else.
An example of this, is when you want to buy a new video game, but you also want to buy a new music CD, you will have to give up one thing for the other in some cases.
I have done a lot of this in my life, since I'm poor, I don't have enough money to buy two things at once, I have to sacrifice one thing for the other, and someday, I can buy the item I gave up.
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