Sunday, 13 January 2013

Opportunity Cost

Just a quick update about Opportunity Cost today.

What is opportunity cost?
Let me give you an illustration..

So, opportunity cost is basically the option not chosen by us when we make a decision.

Here's a video about opportunity cost.
Like the saying "Pictures speak a thousand words", this video speaks more clearly than I do! Haha.
Have fun watching the cute and simple video!

1 comment:

  1. Nice and informative article. knowledge is power and by having such articles you are sharing your knowledge with others. Article served the purpose.