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Time is money" is a much easier way to explain the concept of Opportunity cost -- because time is money! It means time is a valuable resource (because our time in this world is finite), so it's better to do things as quickly as possible. Alternatively, spend time and effort on things that get the results we are looking for.
Because you can not buy the passed time
Beacuse in all activities to be finished within planned time. Time is very important.