Numerical Example: Opportunity cost and PPF - Part 1

This Video is meant for first level economics students. It presents an example of how to present and measure opportunity cost using a production possibility frontier and production possibility schedule. This is the first part. Part two will present constant opportunity cost

Пікірлер: 100

  • @Magahasaracom
    @Magahasaracom Жыл бұрын

    Probably the best explanation I v heard so far on Economics...thank you very much Sir.

  • @lovinagabriel198
    @lovinagabriel198 Жыл бұрын

    This is the best explanation I have learnt. Please do more videos for us the Africans .

  • @eliasmuwau
    @eliasmuwau3 жыл бұрын

    Feel free to leave your comment regarding the video and lets me know what you would want to learn in the next video

  • @MamompatiSedike
    @MamompatiSedikeАй бұрын

    Ur level of explanation is on point I was struggling .but with ur help I now get clarity thank you very much

  • @JohnZimba-g3k
    @JohnZimba-g3k10 күн бұрын

    well explained

  • @mwitwamushibwe8941
    @mwitwamushibwe89412 ай бұрын

    You've made this course easy to me. I really appreciate 🙏

  • @herbertameka4696
    @herbertameka46968 ай бұрын

    Well explained, how I wish you were my lecture in the university

  • @temwanitamil_
    @temwanitamil_2 жыл бұрын

    Well explained 🙏

  • @adamjaaye5205
    @adamjaaye5205 Жыл бұрын

    So fantastic explanation

  • @bimalchinthakapeiris6211
    @bimalchinthakapeiris62112 жыл бұрын

    Very nice presentation, thank you very much, I got a total idea about the subject.

  • @eliasmuwau

    @eliasmuwau

    2 жыл бұрын

    Thank you for watching

  • @MaryLufino
    @MaryLufino5 ай бұрын

    Brilliant explanation 👏👏

  • @user-hu4br2to6b
    @user-hu4br2to6b4 ай бұрын

    So helpful, thank you so much keep it up 💯

  • @warrenshaba8523
    @warrenshaba85232 жыл бұрын

    Well presented, clear explanation Well done ✔️☑️✅

  • @eliasmuwau

    @eliasmuwau

    2 жыл бұрын

    Thank you 👍

  • @jerethamarbury9147
    @jerethamarbury9147 Жыл бұрын

    Thank you for providing this resource. May YHWH bless you.

  • @tinaphiri2026
    @tinaphiri20264 ай бұрын

    WOW wow wow excellent explaination

  • @user-ej7mv7ot5f
    @user-ej7mv7ot5f Жыл бұрын

    I didn’t understand in class I’m better now great explanation 👏

  • @mwangelwawamuwi582
    @mwangelwawamuwi582 Жыл бұрын

    ❤❤❤❤ it has really helped to understand

  • @faijunnesa6492
    @faijunnesa6492 Жыл бұрын

    Excellent.

  • @OusmanDanso-xu6yz
    @OusmanDanso-xu6yzАй бұрын

    So beneficial sir!

  • @emmanuellukwesakabaso664
    @emmanuellukwesakabaso6643 жыл бұрын

    Very good presentation Sir, well done ✅

  • @eliasmuwau

    @eliasmuwau

    3 жыл бұрын

    Thanks Emmanuel

  • @pasinduwakishta8617
    @pasinduwakishta86172 жыл бұрын

    Thank you very much. Really helpful and clearly described...

  • @eliasmuwau

    @eliasmuwau

    2 жыл бұрын

    Glad it was helpful!

  • @WilpardShikoyeni-qi3gh
    @WilpardShikoyeni-qi3gh Жыл бұрын

    This was very useful sir...... I understand everything now ........ Thank you ❤

  • @user-qg2uj2gl5z

    @user-qg2uj2gl5z

    5 ай бұрын

    Thank you so much you have opened my mind straight appreciation from Malawi 🇲🇼

  • @miasarah9387
    @miasarah93877 ай бұрын

    Very Helpful Thank you !!!

  • @adreaallan9687
    @adreaallan96872 жыл бұрын

    Well done well done sir love your explanation

  • @eliasmuwau

    @eliasmuwau

    2 жыл бұрын

    Good to hear that.

  • @evelync6335
    @evelync633510 ай бұрын

    Thank you! Understand it better now 🙌🏽

  • @eliasmuwau

    @eliasmuwau

    9 ай бұрын

    Glad it helped! Thank you for watching. Like, subscribe, and share

  • @phidelischoolwe3432
    @phidelischoolwe3432 Жыл бұрын

    Well Explained

  • @desireekgothatso8459
    @desireekgothatso8459 Жыл бұрын

    thank you so much... vey helpful

  • @user-qz4du6lm5l
    @user-qz4du6lm5l Жыл бұрын

    Never understood this until now..thank you sir

  • @eliasmuwau

    @eliasmuwau

    Жыл бұрын

    You are most welcome

  • @theanalyst5980
    @theanalyst59803 жыл бұрын

    Good Analysis there. Please post something on demand and supply

  • @eliasmuwau

    @eliasmuwau

    3 жыл бұрын

    Will do in the next post

  • @user-lx9st2qk6z
    @user-lx9st2qk6z4 ай бұрын

    what an amazing explaination😇😇😇😇

  • @Ausmanebrinosatali
    @Ausmanebrinosatali4 ай бұрын

    Well explained

  • @user-rc1cs3tm3s
    @user-rc1cs3tm3s7 ай бұрын

    I really appreciate for the explanation made above. Sir , I wish to know the type of opportunity cost exhibited from the above goods given and also the reason.... Thank you!

  • @user-du3dk6gm7o
    @user-du3dk6gm7o3 ай бұрын

    This was very helpful for me

  • @KhudzaiMakweja
    @KhudzaiMakwejaАй бұрын

    It really was thanks so much

  • @skymansky9459
    @skymansky945927 күн бұрын

    Very helpful

  • @mphothulatshipi8727
    @mphothulatshipi87272 жыл бұрын

    Thank you so much

  • @priyeshtandel2101
    @priyeshtandel2101 Жыл бұрын

    useful😇

  • @6ixteenvival111
    @6ixteenvival11111 ай бұрын

    ❤Nice work 🙏 thank u

  • @eliasmuwau

    @eliasmuwau

    8 ай бұрын

    Welcome 😊

  • @Gomojrm
    @Gomojrm4 ай бұрын

    Best video

  • @shadidubyempisi2735
    @shadidubyempisi2735 Жыл бұрын

    Thank you so much sir

  • @bekobabaev7427
    @bekobabaev74273 ай бұрын

    Black you are genius thanks

  • @mukukaevaristo1219
    @mukukaevaristo1219 Жыл бұрын

    Evaristo from cbu, the teaching is making me avoid classes top notch explanation

  • @eliasmuwau

    @eliasmuwau

    Жыл бұрын

    Thanks Evaristo

  • @BastinEnga
    @BastinEnga9 ай бұрын

    Best leacture ever

  • @eliasmuwau

    @eliasmuwau

    8 ай бұрын

    Thanks

  • @wisdomadingo4841
    @wisdomadingo48419 ай бұрын

    You are the best

  • @eliasmuwau

    @eliasmuwau

    8 ай бұрын

    Thanks for the complement

  • @louismvula4794
    @louismvula479410 ай бұрын

    Nice explained sir

  • @eliasmuwau

    @eliasmuwau

    9 ай бұрын

    Thanks for liking

  • @melemarkos5971
    @melemarkos5971 Жыл бұрын

    if alex producing 60kg of butter and 30units of gunis ,he is ful utilizing her resources?please this

  • @ErickSiafwila-gn4ce
    @ErickSiafwila-gn4ce11 ай бұрын

    Thank you

  • @MwilaMwila-vc8zw
    @MwilaMwila-vc8zw2 жыл бұрын

    Ehhh I'm just finding this channel. It's nice we have zambians doing this at least the questions are very similar to what we do in our classes❤️

  • @Philgas
    @Philgas Жыл бұрын

    I like your explanation, please can you be my teacher?

  • @innocentchishimba9296
    @innocentchishimba92963 жыл бұрын

    Can it be right also if i put Butter values in Vertical axis

  • @eliasmuwau

    @eliasmuwau

    3 жыл бұрын

    Yes that will still be fine and it will not change the analysis

  • @innocentchishimba9296

    @innocentchishimba9296

    3 жыл бұрын

    Thanks so much Sir,I appreaciate your great work.

  • @baanbelinda536
    @baanbelinda5362 жыл бұрын

    please demonstrate the constant ppf for me I'm finding it difficult

  • @eliasmuwau

    @eliasmuwau

    2 жыл бұрын

    Will upload soon. Please share the video

  • @AlbertChanda-oy9m
    @AlbertChanda-oy9m6 ай бұрын

  • @doggielover8961
    @doggielover8961 Жыл бұрын

    ...👍

  • @anashemuzanarwo4423
    @anashemuzanarwo44235 ай бұрын

    Such a delivery

  • @scout1496
    @scout14969 ай бұрын

    Projecting lukanga❤

  • @NUWAGABAINNOCENT-ln2ht
    @NUWAGABAINNOCENT-ln2ht5 ай бұрын

    Bt have a question....

  • @lovinagabriel198
    @lovinagabriel198 Жыл бұрын

    Elasticity please 🙏🙏🙏🙏

  • @austinemwayele1717
    @austinemwayele171710 ай бұрын

    Mwayele was here

  • @gurkiratshinh
    @gurkiratshinh5 ай бұрын

    What is the opportunity cost of 20 kg of butter

  • @vincentafenya4338

    @vincentafenya4338

    5 ай бұрын

    Zero guns

  • @gurkiratshinh

    @gurkiratshinh

    5 ай бұрын

    @@vincentafenya4338shouldn’t it be 10 At 20 burger it has 0 guns so the sacrifice is 10-0: 10 guns

  • @mukukaevaristo1219
    @mukukaevaristo1219 Жыл бұрын

    Looking for part 2

  • @1masnde
    @1masnde Жыл бұрын

    Still struggling to understand PPC

  • @emmanuelzulu648

    @emmanuelzulu648

    Жыл бұрын

    Are you in school? We can help each other.

  • @1masnde

    @1masnde

    Жыл бұрын

    Yes, study via Unisa. With the help of your clips on this subject and clear explanations thereafter helped me to pass my recent test.

  • @paulAndsonNjobvu
    @paulAndsonNjobvu4 ай бұрын

    Mulibakulekafye .. siuuuuuuu!

  • @austinemwayele1717
    @austinemwayele171710 ай бұрын

    Ilibebede

  • @yamikani4306
    @yamikani43062 жыл бұрын

    DATA

  • @kazdaillest7413
    @kazdaillest7413Ай бұрын

    lol guns n butta

  • @SuwilanjiChisenga-cz6xh
    @SuwilanjiChisenga-cz6xh4 ай бұрын

    Sorry sir but I have different answers for finding the opportunity costs

  • @mrpain11

    @mrpain11

    3 ай бұрын

    Explain

  • @SuwilanjiChisenga-cz6xh

    @SuwilanjiChisenga-cz6xh

    2 ай бұрын

    @@mrpain11 when you are answering opportunity cost ,if they've not said that find total opportunity cost, they've just said that find opportunity cost You find it by using the formula change in loss over change in gain

  • @mrpain11

    @mrpain11

    2 ай бұрын

    @@SuwilanjiChisenga-cz6xh isn't that not what he is doing as well . The difference is jst that when finding marginal opportunity he used closest points and for jst opportunity cost he used the whole Total of all the possibly produced goods

  • @SuwilanjiChisenga-cz6xh

    @SuwilanjiChisenga-cz6xh

    2 ай бұрын

    @@mrpain11 no when finding opportunity cost he was just using the initial for which I know we're not supposed to used when they have just said find opportunity cost instead we use the formula change i stated above But if they've said find the total opportunity cost then you can use the initial And the problem is that he doesn't respond when email him

  • @mrpain11

    @mrpain11

    2 ай бұрын

    @@SuwilanjiChisenga-cz6xh I see 🤔

  • @MaryLufino
    @MaryLufino5 ай бұрын

    Brilliant explanation 👏👏

  • @paulineguemou1174
    @paulineguemou11744 ай бұрын

    well explained

  • @StellahPhiri-gz3rq
    @StellahPhiri-gz3rqАй бұрын

    Thank you so much sir

  • @kasaijoseph250
    @kasaijoseph2509 ай бұрын

    Well explained

  • @eliasmuwau

    @eliasmuwau

    9 ай бұрын

    Thanks for the feedback

  • @faijunnesa6492
    @faijunnesa6492 Жыл бұрын

    Excellent.

  • @danielsekwila9553

    @danielsekwila9553

    Жыл бұрын

    This explanation is so profound, excellent sir👏👏

  • @thabisorams1071
    @thabisorams10713 ай бұрын

    Thank you

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