EconS_102_Sec_1_Writing_Assignment_1_Spr.docx - Riley Johnson 11382498 EconS 102 Sec 1 Writing Assignment 1 Spring 2014 Martin Ma Due Friday Jan 31

EconS_102_Sec_1_Writing_Assignment_1_Spr.docx - Riley...

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Riley Johnson 11382498 EconS 102 Sec 1 Writing Assignment 1 Spring 2014 Martin Ma Due Friday, Jan 31 According to dictionary.com, the definition of opportunity cost is “ the cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action”. In the article by Michael Callahan, he uses opportunity cost to explain anti-theft wear is worth the investment. The opportunity cost of doing that is not allowing anyone to steal the valuable information from a website. The reason Michael Callahan uses opportunity cost is to explain that it is a smart choice to get protection on your web site, and by paying for protection it just might come in handy and save your website. Is this an effective way to stop hacking? I think this is an effective way to stop hacking because Michael Callahan’s article has extremely good points about how opportunity cost could help someone. For example, the opportunity cost is anything that
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