I had to consider my opportunity cost when I had to choose between piano and swimming. I was falling behind in piano because I had very little time to practice. I also wasn't practicing as hard as I can at swim practice.
If I stay in swimming, I can stay athletic, active and competitive in a sport I really enjoy. I can stay with my swimming friends and have a great experience. It will be very good for college too. If I continue piano, I can complete all 10 levels of syllabus, and go to festivals and competitions. I love music and I would be doing something I enjoy. Both of these activities are really expensive, so I can only pick one and concentrate on it and become really accomplished in it.
I had to pick swimming because it had a more promising future. I can still play piano on the side, I just don't need to pay for lessons anymore. So in a way, I still get to do both of them.
How do companies face their opportunity costs when both options are either equally good or bad?
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