This opportunity cost calculator helps you determine the potential benefits you could miss when choosing one option over another.

## Opportunity Cost Calculator

### How to Use the Calculator

Enter the monetary value of option A and option B in their respective fields and click on ‘Calculate’. The calculator will compute the opportunity cost, which is the value of the next best alternative foregone.

### How the Calculator Works

This calculator subtracts the value of option A (the chosen option) from the value of option B (the next best alternative) to determine the opportunity cost. The formula used is:

**Opportunity Cost = Value of Option B – Value of Option A**

### Limitations

The calculator assumes that the values entered are monetary and does not account for non-monetary factors such as personal satisfaction or strategic value. Additionally, it is important to note that the simplest form of opportunity cost is calculated here, and real-world applications may require a more in-depth analysis beyond the scope of this tool.