BACK TO trade-off
trade-off vs. opportunity cost
[ treyd-awf, -of ]
noun
- the exchange of one thing for another of more or less equal value, especially to effect a compromise.
[ op-er-too-ni-tee kawst ]
noun
- the money or other benefits lost when pursuing a particular course of action instead of a mutually-exclusive alternative: The company cannot afford the opportunity cost attached to policy decisions made by the current CEO.