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
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Probably the best explanation I v heard so far on Economics...thank you very much Sir.
This is the best explanation I have learnt. Please do more videos for us the Africans .
Feel free to leave your comment regarding the video and lets me know what you would want to learn in the next video
Ur level of explanation is on point I was struggling .but with ur help I now get clarity thank you very much
well explained
You've made this course easy to me. I really appreciate 🙏
Well explained, how I wish you were my lecture in the university
Well explained 🙏
So fantastic explanation
Very nice presentation, thank you very much, I got a total idea about the subject.
@eliasmuwau
2 жыл бұрын
Thank you for watching
Brilliant explanation 👏👏
So helpful, thank you so much keep it up 💯
Well presented, clear explanation Well done ✔️☑️✅
@eliasmuwau
2 жыл бұрын
Thank you 👍
Thank you for providing this resource. May YHWH bless you.
WOW wow wow excellent explaination
I didn’t understand in class I’m better now great explanation 👏
❤❤❤❤ it has really helped to understand
Excellent.
So beneficial sir!
Very good presentation Sir, well done ✅
@eliasmuwau
3 жыл бұрын
Thanks Emmanuel
Thank you very much. Really helpful and clearly described...
@eliasmuwau
2 жыл бұрын
Glad it was helpful!
This was very useful sir...... I understand everything now ........ Thank you ❤
@user-qg2uj2gl5z
5 ай бұрын
Thank you so much you have opened my mind straight appreciation from Malawi 🇲🇼
Very Helpful Thank you !!!
Well done well done sir love your explanation
@eliasmuwau
2 жыл бұрын
Good to hear that.
Thank you! Understand it better now 🙌🏽
@eliasmuwau
9 ай бұрын
Glad it helped! Thank you for watching. Like, subscribe, and share
Well Explained
thank you so much... vey helpful
Never understood this until now..thank you sir
@eliasmuwau
Жыл бұрын
You are most welcome
Good Analysis there. Please post something on demand and supply
@eliasmuwau
3 жыл бұрын
Will do in the next post
what an amazing explaination😇😇😇😇
Well explained
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!
This was very helpful for me
It really was thanks so much
Very helpful
Thank you so much
useful😇
❤Nice work 🙏 thank u
@eliasmuwau
8 ай бұрын
Welcome 😊
Best video
Thank you so much sir
Black you are genius thanks
Evaristo from cbu, the teaching is making me avoid classes top notch explanation
@eliasmuwau
Жыл бұрын
Thanks Evaristo
Best leacture ever
@eliasmuwau
8 ай бұрын
Thanks
You are the best
@eliasmuwau
8 ай бұрын
Thanks for the complement
Nice explained sir
@eliasmuwau
9 ай бұрын
Thanks for liking
if alex producing 60kg of butter and 30units of gunis ,he is ful utilizing her resources?please this
Thank you
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❤️
I like your explanation, please can you be my teacher?
Can it be right also if i put Butter values in Vertical axis
@eliasmuwau
3 жыл бұрын
Yes that will still be fine and it will not change the analysis
@innocentchishimba9296
3 жыл бұрын
Thanks so much Sir,I appreaciate your great work.
please demonstrate the constant ppf for me I'm finding it difficult
@eliasmuwau
2 жыл бұрын
Will upload soon. Please share the video
❤
...👍
Such a delivery
Projecting lukanga❤
Bt have a question....
Elasticity please 🙏🙏🙏🙏
Mwayele was here
What is the opportunity cost of 20 kg of butter
@vincentafenya4338
5 ай бұрын
Zero guns
@gurkiratshinh
5 ай бұрын
@@vincentafenya4338shouldn’t it be 10 At 20 burger it has 0 guns so the sacrifice is 10-0: 10 guns
Looking for part 2
Still struggling to understand PPC
@emmanuelzulu648
Жыл бұрын
Are you in school? We can help each other.
@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.
Mulibakulekafye .. siuuuuuuu!
Ilibebede
DATA
lol guns n butta
Sorry sir but I have different answers for finding the opportunity costs
@mrpain11
3 ай бұрын
Explain
@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
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
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
2 ай бұрын
@@SuwilanjiChisenga-cz6xh I see 🤔
Brilliant explanation 👏👏
well explained
Thank you so much sir
Well explained
@eliasmuwau
9 ай бұрын
Thanks for the feedback
Excellent.
@danielsekwila9553
Жыл бұрын
This explanation is so profound, excellent sir👏👏
Thank you