What is the difference between a trade-off and an opportunity cost

when we sacrifice one thing to obtain another, that's called a trade-off

Opportunity cost is an economic concept which used to discuss choice.

Trade off is the compromise but the opportunity cost is the loss of the things which is not taken. It is the way which is not considered. Trade-offs generate opportunity costs. When we create a trade-off, the point which we do not prefer is our opportunity cost. Hence in an individual's life, everything has opportunity costs. A trade-off means the possibility that is given up, to accomplish what is wanted. While, the opportunity cost is the cost of the second desirable option given up to obtain a decision.

the national environmental policy act (nepa) is a united states environmental law that promotes the enhancement of the environment and established the president's council on environmental quality (ceq). the law was enacted on january 1, 1970. to date, more than 100 nations around the world have enacted national environmental policies modeled after nepa.

the man is bald so he has no hair to get wet