💰 *Economics Term of the Day: "Opportunity Cost"* *What it means:* The real cost of choosing one option over the next best alternative. Example: ● Studying for an exam → Opportunity cost = Lost time for a part-time job or leisure. ● Govt spends on defense → Opportunity cost = Less funding for healthcare/education. *Why it matters:* Helps individuals & businesses make smarter decisions by weighing trade-offs!