Kitchen Fact: Cooked food stored in the refrigerator should be eaten in 3 to 4 days. After food is cooked, it should sit out at room temperature no more than two hours before being refrigerated to slow down bacteria growth. But once stored in the fridge, leftovers should be eaten up within three to four days because bacteria can still grow even at refrigerator temperatures. To help you remember how long something has been in the fridge, we recommend labeling it with the date it was cooked to help you keep track!
Opportunity cost is always measured by how much you give up of the next best alternative to get what you want. Opportunity Costs and Production Possibilities The production possibility curve illustrates the principle of opportunity cost for an entire economy.
Thus, opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure or any other benefit that provides utility should also be considered opportunity costs.n microeconomic theory, the opportunity cost of a choice is the value of the best alternative foregone, where a choice needs to be made between several mutually exclusive alternatives given limited resources.