Opportunity Cost Calculator
Features of This Opportunity Cost Calculator:
User-Friendly Interface:
- Simple, clean design with easy-to-understand labels and input fields.
Dynamic Calculation:
- Calculates the opportunity cost as soon as the user clicks the “Calculate” button.
Validation:
- Ensures that the user inputs valid numeric values for both options.
Result Display:
- The opportunity cost is displayed directly below the form in a clear and professional format.
Responsive Design:
- Fully responsive design that adapts to mobile and desktop devices.
Usage:
- Enter the Benefit of Option 1 in the first input field.
- Enter the Benefit of Option 2 in the second input field.
- Click on the “Calculate Opportunity Cost” button to see the result.
This tool will calculate and display the Opportunity Cost, helping you understand the trade-off of making one choice over another. The opportunity cost represents the benefit you could have gained by choosing the next best alternative instead of your current choice.