How to Calculate Opportunity Cost Using PPC | Econ Homework | Think Econ

[@ThinkEcon]

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[@colinburgess4316]

KZbin videos always beat the textbook. Thanks for this.

[@ThinkEcon]

You’re welcome!

[@ArlenGriswold]

you deserve a larger following..

[@ThinkEcon]

I'll take that as a compliment, and appreciate it :) Feel free to share any of my videos to friends you may have in econ class that you think will find them helpful!

[@imnoora]

Thanks for the video, explained very well and more simple than my textbook!

[@ThinkEcon]

You’re very welcome! I’m glad you found the video helpful!

[@nimcoaxmed4219]

I dont understand what my professor says in the lecture so this saved my life❤

[@ThinkEcon]

Glad I could help!

[@ungayeizaki5604]

Thank you. You saved me many hours of figuring out in jut 13 minutes

[@jbear_2598]

Thanks for the Scenarios, it gave me more reason to learn this stuff.

[@yonaneffati3516]

tysm omg way more helpful than my 2 hour class haha

[@ThinkEcon]

Glad to hear it!

[@Ppsizerosugar]

Thank you I slept during class and now I get it

[@MuzammilIsmail-b1f]

Helped me to understand the PPC opportunity cost, Thank you

[@mi3hell4]

Your videos are so helpful tysmm!! 💗

[@ThinkEcon]

I'm glad to hear it!

[@JoshuaKonga-zt6po]

Thank you for the explanation. I really appreciate it and now I understand the way to calculate opportunity costs. I'm happy to watch your new videos...🥰🥰🙏🙏🥰🥰❤❤

[@ThinkEcon]

Thank you for the kind words! :)

[@JoshuaKonga-zt6po]

@@ThinkEcon look, I've had this economic assignment and I didn't know the answer to the question on opportunity costs until I watched your video. The lecture wasn't that of a great teacher than you. Your video help me complete my assignment tonight. Thank you 😊 💓. Looking forward for your next video....

[@ThinkEcon]

@@JoshuaKonga-zt6po I'm really glad to hear that. Economics can be a tough subject, and the whole point of this KZbin channel is to make it easier for students!

[@mukundbaheti]

love from india

[@aatiftazwar6902]

God I hate economics but I have to do it anyways

[@itsaditi999.]

samesituation bro😅

[@michaelazundanda5564]

👍

[@christophermwape2847]

Hey my big am also doing Economics am from Zambia

[@509muskanbansal9]

By the way, I can make you expert in economics #cheggexpert

[@noziphokhwela25]

Same😂

[@SusuRankan]

Love from Ethiopia❤❤❤❤❤

[@ZitingXu-md8vb]

Very helpful, very clear, better than my lecture

[@ThinkEcon]

I'm glad to hear you found it helpful!

[@WillieKenny-p5n]

God bless you and your family ❤

[@calmingarts2932]

Thank you for explaining the ppc/ppf very well. Why do you need to work out the opportunity cost separately for : A to B B to C C to D D to C Why do we need to work out the difference between the 2 different points before dividing these 2 values together to work out the opportunity cost? Why can we flip the C to D in order to work out D to C points on the graph?

[@etiquettefanatic5985]

This video was so helpful. Thanks a lot.

[@ThinkEcon]

You're welcome!

[@mahariemun5592]

You are teaching us more.

[@نسماتالعبير-ل6ش]

you are a professional

[@alirezaroodsari1869]

excellent presentation

[@ThinkEcon]

Thank you!

[@sounasalah1066]

Thank you very much sir , u help me so much , But which operation i have to use for calulating the oppoertunity cost ?

[@loriechase4101]

How about purchasing a used boat, opposed to a new boat...and thank you for the videos

[@kimkimdinar9113]

its extremely helpful thanks so muchhh

[@ThinkEcon]

You are very welcome!

[@eilishfan1554]

Thank you so much for taking your time to explain

[@ThinkEcon]

You’re welcome! ☺️

[@georgenyumbu-pz4vs]

Easy explanation for anyone to understand

[@ThinkEcon]

Glad you found it helpful!

[@MD.RONIFAKIR]

Love from Bangladesh.

[@Kaz53421]

Great lesson!

[@creedancebird270]

THANK YOU!!! 😭😭

[@MovieHubTV1]

Very very helpful. Thank you so much Sir ❤

[@ThinkEcon]

You’re welcome! ☺️

[@jihoonsavedme]

Thank you so much. This means and helps me a lot

[@ThinkEcon]

I'm glad you found it helpful!

[@cbell1739]

Thank you!! Got it now

[@ThinkEcon]

Glad to hear it!

[@peternduati6008]

Well explained😊

[@ThinkEcon]

Thank you 😊

[@sintayehusiyum8100]

Thanks so much again

[@priyajoseph4662]

Omg u helped me so much thank you 😁❤

[@ThinkEcon]

I'm glad to hear that!

[@pattycakes1146]

Can you do a comparative advantage with the OC you got?

[@Explorz_1]

Thanks you so much !

[@ThinkEcon]

You're welcome!

[@dumbuyapatrickm6360]

That's great of you. Thanks

[@robertortiz-wilson1588]

Thank you!

[@ThinkEcon]

You're welcome!

[@47gamerz44]

thankyou so much

[@ThinkEcon]

You're very welcome!

[@ekenjehanita7540]

How do you get the 150 guitars pls

[@roseb.5367]

Thank you ❤

[@ThinkEcon]

You're very welcome!

[@Gpiforever1]

It’s still difficult to do for me do you have the steps written down for our access

[@juweriainaali9042]

Thanks it is so usefull

[@ThinkEcon]

We're glad you found it helpful :)

[@fredrickadjei4228]

Thank you very much Sirrrr

[@ThinkEcon]

You're very welcome!

[@charleskangwanda9922]

Thanks a lot,it was really help I have question i need help with. How can i share it?

[@ThinkEcon]

I'm glad you found it helpful! Feel free to copy the link and post it or send it to any of your friends who may find it helpful! There is also a share button under the video!

[@RoseyannaNoel-qh9hx]

What happens if you move from point B to point H? What is the calculation?

[@AR-15goBRRR]

thanks :D

[@twinamasikokeneth.]

THANKS

[@kinmanmak2447]

It are cool for me.

[@ThinkEcon]

Nice!

[@RoseyannaNoel-qh9hx]

What happens if you move from D to G?

[@kingsfordosei8057]

Thanks

[@ThinkEcon]

You're welcome!

[@hananmekonen709]

How opportunity cost calculate with float cost

[@chido5038]

😍

[@Oro_Teach]

. Define opportunity cost. And what is opportunity cost of A commuter taking the train to work instead of driving. It takes 70 minutes on the train, while driving takes 40 minutes. Military goods. Consumer goods 100. 15 75. 30 50. 45

[@ThinkEcon]

We have a whole other video defining Opportunity Cost. This particular video is just showing you how to calculate it on a PPF, which is an area a lot of students struggle in.

[@goldinnocent7225]

how did you get 150 na?

[@ThinkEcon]

I'm not really sure what you're asking me, sorry

[@GiftMumba-de1ug]

He got the 150 by subtracting 650 from 800.

[@carloantunez137]

What if the question, what is the Opportunity Cost of 400 Pianos? Is it like this? To get 400 Pianos, you must give up 300 guitars.

[@carloantunez137]

My Mid Test is tommorow, please answer immediately. I beg u Anyway, thanks for the explanation

[@ThinkEcon]

Yes, that's correct!

[@carloantunez137]

@@ThinkEcon u save my life :)

[@ThinkEcon]

@@carloantunez137 Wow, that's some high stakes econ ;) Glad I could help

[@CharlieKRUSE-kn7fv]

skibidi rizz

[@cakoe.]

facts

[@tingvictoriano6517]

150/275 is .5454

[@CandyBarnes-t8g]

Martin Susan Clark Amy White Elizabeth

[@pattycakes1146]

Threw me off by not doing E

[@世界上最闲的人]

why you trick me😢😢😢

[@annablue1237]

A ridiculous amount of ads. Too driven by money.

[@ThinkEcon]

You’ll have take that up with KZbin, unfortunately. I don’t control the ad spots on this channel :/

[@colinburgess4316]

Appropriate for a lesson in econ.