Hello @thegoliath
Yes, in economics everything has opportunity costs.
Even in scenario two there are costs. But as you point out indirectly in your third point, there is something called “the highest, best use”. Which in theory has a higher opportunity cost if not chosen, and it’s profits are so great as to exceed the opportunity cost of the alternatives, as in all of the alternatives where you may put your money, it is the one which brings the most joy or the most profit.
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