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Opportunity Cost Is the Expected Value of the Alternative Not

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Opportunity cost is the expected value of the alternative not chosen.


Definitions:

Interpersonal Skills

The ability to communicate or interact well with other people through understanding, empathy, and effective communication.

Interviewer

An individual who conducts interviews, asking questions to elicit information from interviewees.

Informational Interviews

Structured conversations conducted to gather information about a job, career field, industry, or company by questioning someone who is knowledgeable in the area.

Initial Client Interviews

The first meetings between a lawyer and a potential client where the case is discussed, and legal advice may be provided.

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