Oportunity Cost: An Explanation

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Uploaded by on Jun 9, 2009

A simple explanation of Opportunity Costs. Hopefully, this will help anyone struggling with the concept. All information used was from "The Economic Way of Thinking". We do not own any of the music used in this video.

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  • @morganfreemanismydad I can honestly say I havent

  • @MajesticClangers someone's never read ayn rand.

  • loved this video........thanks

  • THIS IS AWEEEEEEEEESSSSSSSOME ! hahaha thank you guys

  • what song is that @ 1:50

  • ..you should say the COST of the next best alternative that is sacrificed when a choice of action is undetaken. it's the amount of it, not wholly the next best alternative.

    but nice vid overall! i do hope u improve the quality of your video though.. all the best for yr upcoming ones

  • nice idea... I think it perfectly conveys the idea of opportunity cost, good job

  • Cheers.

  • is the cost for the next best alternatiove forgone and sacrificed when a choice or action is undertaken

  • what kind of names Roark?

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