What is Opportunity cost and provide an example (own words)

Opportunity cost is the next best alternative.

For example you can either pick maths or english in school but you pick maths. English is your opportunity cost

Explanation:

emerson essentially believes that traveling is overrated. he supports this perspective through an initial focus on "the idea" of places like italy, england, and egypt, and the fascination of "educated americans" with them. he argues that those places only took on the grand, majestic ideas that they represent because "they who made england, italy, or greece venerable in the imagination did so by sticking fast where they were, like an axis of the earth." yes, those places are grand, but only because they so clearly represent the places that they are. the art and culture of italy, england, and egypt is authentic, and therefore significant.

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