In business, opportunity cost is sometimes formalized as the opportunity cost of capital, the return you'd get on the best alternative use of that capital, your second-best opportunity. For example, suppose you're now running your business and you are returning 5 percent to the bottom line for every dollar you spend on an ongoing advertising campaign. You're now deciding the best way to reinvest some of these profits back into the business.
Chapter:
Spend Your Time Wisely
Section:
You Can Do Anything, But Not Everything