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

[@emmanuellukwesakabaso664]

Very good presentation Sir, well done ✅

[@eliasmuwau]

Thanks Emmanuel

[@skymansky9459]

Very helpful

[@jerethamarbury9147]

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

[@adamjaaye5205]

So fantastic explanation

[@Magahasaracom]

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

[@tinaphiri2026]

WOW wow wow excellent explaination

[@JohnZimba-g3k]

well explained

[@Ausmanebrinosatali]

Well explained

[@miasarah9387]

Very Helpful Thank you !!!

[@priyeshtandel2101]

useful😇

[@bekobabaev7427]

Black you are genius thanks

[@Philgas]

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

[@doggielover8961]

...👍

[@anashemuzanarwo4423]

Such a delivery

[@yamikani4306]

DATA

[@1masnde]

Still struggling to understand PPC

[@emmanuelzulu648]

Are you in school? We can help each other.

[@1masnde]

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

[@SuwilanjiChisenga-cz6xh]

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

[@mrpain11]

Explain

[@SuwilanjiChisenga-cz6xh]

@@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]

@@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]

@@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]

@@SuwilanjiChisenga-cz6xh I see 🤔

[@lovinagabriel198]

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

[@paulineguemou1174]

well explained

[@eliasmuwau]

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

[@celinewalters66]

Does it matter whether butter or gun goes on the x or y axis because it seems so for question iii) as it would cause the marginal opportunity cost to be different

[@dexiekristin2072]

Thank you! I couldn’t understand the Ppf cost and marginal costs but bc of this, I understand now.

[@DNguyenKhanhLinh-ke4ng]

my teacher skipped all of this. so i cant understand. i really cherish ur video, thanks so much

[@theanalyst5980]

Good Analysis there. Please post something on demand and supply

[@eliasmuwau]

Will do in the next post

[@bimalchinthakapeiris6211]

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

[@eliasmuwau]

Thank you for watching

[@melemarkos5971]

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

[@karolineveronica4251]

Thank you so much, this was really helpful

[@GlenWilliams-jf6lr]

This is absolutely awesome.....Cheers from Jamaica

[@MapaloMulenga-h6d]

This was very helpful for me

[@elizabethan1500]

Thank you Sir

[@eliasmuwau]

Welcome!

[@herbertameka4696]

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

[@evelync6335]

Thank you! Understand it better now 🙌🏽

[@eliasmuwau]

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

[@KhudzaiMakweja]

It really was thanks so much

[@DavidBwalya-x8k]

So helpful, thank you so much keep it up 💯

[@faijunnesa6492]

Excellent.

[@KabembaJohn-v9x]

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!

[@thabisorams1071]

Thank you

[@scout1496]

Projecting lukanga❤

[@phidelischoolwe3432]

Well Explained

[@StellahPhiri-gz3rq]

Thank you so much sir

[@JosephWeruzani-o9h]

🎉so amazing explanation and I have learned too

[@eliasmuwau]

Fantastic!

[@MamompatiSedike]

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

[@warrenshaba8523]

Well presented, clear explanation
Well done ✔️☑️✅

[@eliasmuwau]

Thank you 👍

[@mwangelwawamuwi582]

❤❤❤❤ it has really helped to understand

[@WilpardShikoyeni-qi3gh]

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

[@GideonDesperKawaza]

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

[@kazdaillest]

lol guns n butta

[@pasinduwakishta8617]

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

[@eliasmuwau]

Glad it was helpful!

[@mphothulatshipi8727]

Thank you so much

[@baanbelinda536]

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

[@eliasmuwau]

Will upload soon. Please share the video

[@austin_everyday]

Ilibebede

[@lovinagabriel198]

Elasticity please 🙏🙏🙏🙏

[@MaryLufino]

Brilliant explanation 👏👏

[@ErickSiafwila-gn4ce]

Thank you

[@temwanitamil_]

Well explained 🙏

[@mwitwamushibwe8941]

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

[@LeratoShebe-k2b]

Never understood this until now..thank you sir

[@eliasmuwau]

You are most welcome

[@AlbertChanda-oy9m]

❤

[@gurkiratshinh]

What is the opportunity cost of 20 kg of butter

[@vincentafenya4338]

Zero guns

[@gurkiratshinh]

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

[@blessingmuchena-w3z]

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

[@mukukaevaristo1219]

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

[@eliasmuwau]

Thanks Evaristo

[@wisdomadingo4841]

You are the best

[@eliasmuwau]

Thanks for the complement

[@desireekgothatso8459]

thank you so much... vey helpful

[@louismvula4794]

Nice explained sir

[@eliasmuwau]

Thanks for liking

[@kasaijoseph250]

Well explained

[@eliasmuwau]

Thanks for the feedback

[@PatrickMendai-f9d]

what an amazing explaination😇😇😇😇

[@OusmanDanso-xu6yz]

So beneficial sir!

[@NUWAGABAINNOCENT-ln2ht]

Bt have a question....

[@Gomojrm]

Best video

[@MaryLufino]

Brilliant explanation 👏👏

[@austin_everyday]

Mwayele was here

[@shadidubyempisi2735]

Thank you so much sir

[@6ixteenvival111]

❤Nice work 🙏 thank u

[@eliasmuwau]

Welcome 😊

[@innocentchishimba9296]

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

[@eliasmuwau]

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

[@innocentchishimba9296]

Thanks so much Sir,I appreaciate your great work.

[@adreaallan9687]

Well done well done sir love your explanation

[@eliasmuwau]

Good to hear that.

[@BastinEnga]

Best leacture ever

[@eliasmuwau]

Thanks

[@faijunnesa6492]

Excellent.

[@danielsekwila9553]

This explanation is so profound, excellent sir👏👏

[@paulAndsonNjobvu]

Mulibakulekafye .. siuuuuuuu!

[@MwilaMwila-vc8zw]

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❤️

[@mukukaevaristo1219]

Looking for part 2