Examlex
A basketball player has dribbled the ball so often that she doesn't have to think about it and instead can focus on where to pass the ball.The player dribbling the ball is an example of automaticity.
Opportunity Cost
The exclusion of favorable outcomes from different choices upon selecting one option.
Increasing Opportunity Cost
A scenario where choosing more of one option increasingly limits the ability to choose other options, demonstrating the trade-offs in resource allocation.
Straight Line
A direct path between two points in a plane or three-dimensional space, having no curvature.
Opportunity Costs
The expense of the best alternative given up to make a choice.
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