Opportunity Cost
Bayani Gaba-gaba
Every time you choose one thing, you quietly give up something else. A government that builds a new airport terminal cannot spend that same money on hospitals; a student who studies Economics gives up the other subject they could have taken. That hidden cost of the road not taken is one of the most powerful ideas in the whole subject.
In this lesson you will define opportunity cost precisely, see it at work for consumers, workers, firms and governments, and read it straight off a production possibility curve. By the end you will be able to spot the sacrifice behind any economic choice and explain why rational decision makers weigh it carefully.
Manufura
- definition of opportunity cost
- examples of opportunity cost in different contexts
- decisions made by consumers, workers, producers/firms and governments when allocating their resources
Darasin Sauti
Saurari wannan darasi a cikin manhaja
Taswirar tunani
An zana wannan batu don ka ga yadda ra'ayoyi ke hadewa.
Bude taswirar tunani a cikin manhaja
Katunan tunawa
Gwaji mai sauri kan abin da ake jarraba a wannan batu.
Yi atisayen wadannan katuna a cikin manhaja
Takardar Darasi
Cikakken Bayanin Darasi Yana Kan Manhajar Green Bridge
Sami manhajar Green Bridge CBT a wayarka ko kwamfutarka domin cikakken laburaren IGCSE: takardun jarrabawar baya, tsarin kimantawa, taswirar tunani, katunan karatu da darussan sauti.
Nazarin Darasi
Barka da kammala darasi akan Opportunity Cost. Yanzu da kuka bincika mahimman raayoyi da raayoyi, lokaci yayi da zaku gwada ilimin ku. Wannan sashe yana ba da ayyuka iri-iri Tambayoyin da aka tsara don ƙarfafa fahimtar ku da kuma taimaka muku auna fahimtar ku game da kayan.
Za ka gamu da haɗe-haɗen nau'ikan tambayoyi, ciki har da tambayoyin zaɓi da yawa, tambayoyin gajeren amsa, da tambayoyin rubutu. Kowace tambaya an ƙirƙira ta da kyau don auna fannoni daban-daban na iliminka da ƙwarewar tunani mai zurfi.
Yi wannan ɓangaren na kimantawa a matsayin wata dama don ƙarfafa fahimtarka kan batun kuma don gano duk wani yanki da kake buƙatar ƙarin karatu. Kada ka yanke ƙauna da duk wani ƙalubale da ka fuskanta; maimakon haka, ka kallesu a matsayin damar haɓaka da ingantawa.
- Opportunity cost is best defined as: A. the money price paid for a good B. the value of the next best alternative forgone C. the total of all alternatives given up D. the cost of producing a good Answer: B
- A point inside a production possibility curve shows an economy that is: A. using all its resources efficiently B. producing an unattainable combination C. wasting some of its resources D. on its maximum output Answer: C
- A farmer can grow 10 fewer units of corn to gain 5 more units of wheat. The opportunity cost of 1 unit of wheat is: A. 0.5 units of corn B. 2 units of corn C. 5 units of corn D. 15 units of corn Answer: B
- Which good has NO opportunity cost when chosen? A. an economic good B. a scarce resource C. a free good D. a capital good Answer: C
- Moving from inside a PPC to a point on the curve usually involves: A. a large opportunity cost B. producing less of both goods C. no opportunity cost, as idle resources are used D. an unattainable output Answer: C
Yi aikin wadannan tambayoyi a cikin manhaja
Yi aikin wadannan tambayoyi a cikin manhaja
Littattafan da ake ba da shawarar karantawa
Ƙarin koyo daga tushe na buɗe
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Sashen littafi
How Individuals Make Choices Based on Their Budget Constraint
Calculate and graph budget constraints
"Principles of Economics 2e: How Individuals Make Choices Based on Their Budget Constraint" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/principles-economics-2e/pages/2-1-how-individuals-make-choices-based-on-their-budget-constraint. Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
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Yi Aikin Tambayoyin Gwaji
Kana son yin aikin tambayoyin gwaji kan Opportunity Cost? Sauke manhajar Green Bridge CBT don samun tambayoyin gwaji da cikakkun jarrabawa akan wannan batu.
Sauke Manhajar Daga Google Playstore
Duk abin da kake buƙata don yin fice a JAMB, WAEC & NECO.
