Opportunity costs, in simple words, mean the cost people pay when people give up something to gain something else. Although there can be many alternatives in giving up something for something else, but it is the opportunity cost of a decision that people desire for. This means that the decision to generate or devour the product, it involves something to give up. Without giving up something small, something big cannot be achieved. For example, if someone gets a two-week vacation from work, he or she may choose to travel to a foreign country or do some household repair or construction. Now, the best option to choose will be to do household repair since with the limited time for vacation that person can save some time in house construction work at this point rather than waiting for things to get worse eventually. Just going to a foreign country for leisure time passage will not save the time that the person will spend later on for house renovation. In my own life, I've gone through opportunity cost couple of times. On of such decisions that I (my family, rather) took was to come to the US from Bangladesh by spending almost $20000 which is very hard to earn in a third-world country. That decision paid off as we now experience the living of a first-world nation and get noteworthy education and my parents earn more than they did in Bangladesh.
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