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.
Video: Opportunity Cost: Definition & Real World Examples Learn the most important concept of economics through the use of real-world scenarios that highlight both the benefits and the costs of decisions. Opportunity cost is a simple yet powerful principle that reveals how to make the best economic decisions possible, and it explains why people make the choices they do.