by Hamido September 21, 2007
Get the cost an arm and a leg mug.by ThomMcCan September 16, 2011
Get the Costinkulate mug.The cost of choosing one course of action over another. Letting your second best option pass.
Economists tend to measure opportunity cost in terms of money for simplicity's sake. However value isn't always monetary.
Economists tend to measure opportunity cost in terms of money for simplicity's sake. However value isn't always monetary.
At the restaurant, you are presented with a desert menu. Assuming that you only eat one desert, you have the choice between chocolate mouse, ice cream and honey crepes. Let's say you prefer ice cream to chocolate mouse, but honey crepes are your favorite. If you eat a honey crepe, ice cream (which would have chosen had you not had crepes) is your opportunity cost.
Another example would be if two women that you fancied, Sarah and Alice, asked you out and you said yes to Sarah (assuming monogamy), going out with Alice is your opportunity cost.
Another example would be if two women that you fancied, Sarah and Alice, asked you out and you said yes to Sarah (assuming monogamy), going out with Alice is your opportunity cost.
by anthonylebrun November 3, 2008
Get the opportunity cost mug.used to refer to something painful/dangerous/regrettable/otherwise negative associated with doing something you have voluntarily chosen to do and therefore implicitly accept the possible risk of.
>John: "Sorry if that round of tequila shots I ordered at the end of the night pushed you over the edge."
>Humberto: "Haha, no biggie. Cost of doing business with you man."
In this case, "doing business" refers to hanging out with John. the "cost" is the risk of getting too drunk because John likes to order tequila shots. Humberto is saying that by voluntarily hanging out with John last night, he implicitly accepted the risk of having a tequila shot served to him that may not have been a good idea but that he, in his intoxicated state, may consume anyways.
>Humberto: "Haha, no biggie. Cost of doing business with you man."
In this case, "doing business" refers to hanging out with John. the "cost" is the risk of getting too drunk because John likes to order tequila shots. Humberto is saying that by voluntarily hanging out with John last night, he implicitly accepted the risk of having a tequila shot served to him that may not have been a good idea but that he, in his intoxicated state, may consume anyways.
by reezydos July 13, 2014
Get the cost of doing business mug.Results from the ultra-violet rays imparting a darker tone on skin while wearing a pair of Costa Del Mar sunglasses. This leaves a distinctive Costa Del Mar sunglass imprint on face where ultra-violet rays could not penetrate the frame and lens.
Coming back from your Caribbean sailing exhibition, you take off your Costa Del Mar, 580 Brine, sunglasses. A sorostitute mentions you have the best Costa Vision she's ever seen, she then later becomes your future slam piece.
by CostaDelFrat1858 April 24, 2011
Get the Costa Vision mug.Also known as penis, like sex with other Irish potato farmers. Likes it anal and rough. Occasionally has sex with women but only if they are short Asians.
by R4rrrrrrrygdbndxiifnd October 25, 2019
Get the Thomas Costigan mug.Costa Mesa or as currently known as "Costa Mexico" or "Costa Manthisplaceisawesome" is a small city outside of Newport Beach. Here is where you get the laid back beach vibes without the snobby attitude. It's where hipsters meet family life as both can coexist in perfect harmony. Also nicknamed the "City of the Arts". You can find funky shops, restaurants, and places for sweet sweet hangs. You funky fresh and can't leave OC ? Move to Costa Mesa.
by Sarahlou August 13, 2014
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