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Alternatives

Alternatives

(n)
UK
ɔːlˈtɜːnətɪvz
US
ɔlˈtɜrnətɪvz
Definition: (of one or more things) available as another possibility or choice.
Meaning: Lựa chọn thay thế
Less Common
How to use "Alternatives" vocabulary in sentence (example)

Before Koenigsegg developed a coating that turns black carbon fibers into white dazzling alternatives, vehicles only had the usual black available.

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It is "the loss of potential gain from other alternatives when one alternative is chosen".

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And in the other words " Opportunity Cost " can be termed as cost of forgone alternatives or cost of shifting from one opportunity to the other.

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