Opportunity Cost | Definition Through Animation [2 min]

Opportunity cost is the implicit cost incurred by missing out on an investment, either with one’s time or money.

Because resources are finite, investing in one opportunity causes another opportunity to be forgone.
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0:00 Opportunity Cost Definition
0:21 Example of Opportunity Cost
1:02 Informing Decisions with Opportunity Cost
1:39 Opportunity Cost Question & Application
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