Following are the opportunities cost towards research
Time-Research requires a lot of time which could have been
invested in some other pursuit.
Efforts-Research demands surveying,going beyond normal to find
out what actually matters which requires great deal of
efforts.
Money-Research requires hiring professionals,add to that
travelling cost and many more costs means lot of money is
spent.
Following are the opportunities foregone
Job opportunity-Somebody doing the research could have spent
that time on some other job
Economic output-Opportunity to actually generate some economic
output was forgone in this process.
Action opportunity-Same time,efforts could have been spend on
taking the action and then learning as the action would have
unfolded rather than researching first and then taking action based
on research.