OPPORTUNITY COST DEFINITION AND EXAMPLES

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  • Опубликовано: 11 янв 2025

Комментарии • 286

  • @pratibhaahirwar7726
    @pratibhaahirwar7726 5 лет назад +212

    The last example of 30K and 40K salary example..this really happened with me and I choosed less salary coz of distance...this is real example 😜

  • @Mr.Bombastic__log10
    @Mr.Bombastic__log10 3 года назад +305

    Opportunity cost is like kuch pane ke liyea kuch khona bhi padta hai...😉

  • @nashitanusaiba5008
    @nashitanusaiba5008 4 года назад +17

    Thanks 😌. My sir couldn't explain as good as you. U explained very well! Thank you!
    From Bangladesh🇧🇩

  • @adnanalam2006
    @adnanalam2006 4 года назад +19

    Sir, all my misconceptions are now vanished. Thank you for your work sir.

  • @ummerabab3078
    @ummerabab3078 4 года назад +3

    Much appreciation from Pakistan . Mujhy smjh ni arhi thi apki video daikhi sab smjh agya . You are so friendly . 💓💓💓💓 Every teacher should be like you

  • @poojamishra9281
    @poojamishra9281 4 года назад +2

    Sir I got a really great help ...example se bahot achcha samajh aaya...than you sir

  • @risvar9301
    @risvar9301 4 года назад +8

    You are very good Nitin ji, i liked your simplicity in teaching!

  • @mousumisahoo8022
    @mousumisahoo8022 3 года назад +1

    Sir kya perfectexplain kiya aapne!🥰 tq...very much

  • @meenakshiruhela7441
    @meenakshiruhela7441 3 года назад

    Ur teaching method is just wow sir..pdhte hi concept clear hogya..🙏

  • @RituParashar373
    @RituParashar373 4 года назад +7

    Thanks so much sir for explaining in a precise and clear way.

  • @Khushi_21
    @Khushi_21 3 года назад +6

    Opportunity cost mtlb cost of wo opportunities jo maine gava di (chor di).😃
    Ex-
    40K nd 30K mae maine 30K ko choose kr 10K aur jyada paane ki opportunity gava di
    Therefore my OC= 10K
    Thank u Sir

  • @MsAnupamsingh
    @MsAnupamsingh 4 года назад +4

    Samajh gaya bidu, mast explain kiya thx

  • @AnkitKumar-ro4tc
    @AnkitKumar-ro4tc 3 года назад

    Bhut hin aasan bhasa me smjhaya guru ji aapne
    Sadar🙏🙏

  • @nandinimittal1111
    @nandinimittal1111 2 года назад

    Sir literally apny itny asaani se samjhayaa❤

  • @abdulhalimkawsar2397
    @abdulhalimkawsar2397 Год назад

    Thank you so much for make this so easy....From Bangladesh❤💚

  • @soumitramalakar4237
    @soumitramalakar4237 2 года назад

    Bahut achhe se samjhayee...thank you sir

  • @amusement_science
    @amusement_science 4 года назад +2

    Sir I am student of administrative sciences your channel is very useful for me thanks sir

    • @nitingoel
      @nitingoel  4 года назад

      Check all my videos subject wise
      Www.nitingoelclasses.com
      😊👍
      And keep promoting to support

  • @artisticscalesanujasutar264
    @artisticscalesanujasutar264 2 года назад +1

    Nice explanation sir 🙏🙏🙏👍👍👍👍👍

  • @paprichakraborty2241
    @paprichakraborty2241 3 года назад +2

    Thank you sir for such a great explanation...lots of love ❤️

  • @vivansourish3820
    @vivansourish3820 7 месяцев назад

    Very useful sir I will definitely use examples in my presentation

  • @SulaimanKhan-vb5zu
    @SulaimanKhan-vb5zu Год назад

    🎉very good sir I watch this video from Pakistan

  • @soumenbhowmick1664
    @soumenbhowmick1664 3 года назад +1

    Thanks a lot from BENGAL 🙏

  • @rajatgupta6846
    @rajatgupta6846 4 года назад

    Sir aap bhut acha padhate ho
    Bdi jaldi samajh aajata h.

  • @JyotiVerma-jz8mq
    @JyotiVerma-jz8mq Год назад

    Sir you are a brilliant teacher ❤❤

  • @Q1w278
    @Q1w278 2 года назад

    Sir. Your lectures are important for all persons.

  • @sunilpradhan1907
    @sunilpradhan1907 5 лет назад +7

    Thank you sir and keep it up

  • @gyanishraj3398
    @gyanishraj3398 5 лет назад +46

    Sir one request background music creat disturbance .

  • @anutamallick2711
    @anutamallick2711 2 года назад +1

    Thank you sir nice teaching

  • @saibhavana7829
    @saibhavana7829 4 года назад

    Sir very simple and fast explanation in less time 🤩 understood it clearly

  • @SkillOne1Skill
    @SkillOne1Skill 2 года назад +1

    Super Super Super...explanation Sir.

  • @DavidRana.
    @DavidRana. 3 года назад +1

    Within a minute my confusion cleared 💕💕.

  • @DilipSharma-rh4sz
    @DilipSharma-rh4sz 2 года назад

    Thnku so much sir aapne bhut hi achee se shmjyaa...

  • @MonaJee-o6k
    @MonaJee-o6k Год назад +1

    👌

  • @yadavjyoti2423
    @yadavjyoti2423 Год назад

    Your explanation is batter then byju's teacher

  • @watchandenjoy3264
    @watchandenjoy3264 4 года назад

    Sir Nice explanation with an example 👍👍👍

  • @devanshishah1744
    @devanshishah1744 4 года назад

    Thank you soooooo much sir.... It's really helpful

  • @munawarsaeed7211
    @munawarsaeed7211 4 года назад

    Thanx
    God bless u
    Bohat achi smj lgi

  • @DeekshaDeekshaSingh-i3o
    @DeekshaDeekshaSingh-i3o Год назад

    Kon kon h jo 2024 mai dekh ra h...or Wow sunke ye yaad aaya...so beautiful so elegant just looking like a wow 😅⚡️

  • @prasadrongali1459
    @prasadrongali1459 3 года назад

    Thank you very much 👌👌👌, I understand 🎁

  • @Dearsaam
    @Dearsaam 3 года назад

    thank you so much
    watching from nepal

  • @monithakur7555
    @monithakur7555 3 года назад

    Thankyou soo Much sir for making my concept clear. 😊😊

  • @sevanteevishal9265
    @sevanteevishal9265 4 года назад +2

    Thank u sir I understood very well🙏

  • @timanghosh6170
    @timanghosh6170 4 года назад

    Thank you sir For your knowledge God bless you Sirji❤️❤️

  • @anilekka3501
    @anilekka3501 4 года назад

    Very nice sir aap bahot accha samjhate hi

  • @ASO-w8t
    @ASO-w8t 4 года назад

    Thankyou sir🙏 superb explaination 😊

  • @sumitchongder99999
    @sumitchongder99999 3 года назад +3

    Businessman had three options that are either to work as employee in a company and earn Rs.12,00,000 per year or to start a business of spare parts and earn expected income as Rs.15,00,000 per year or to work as partner in partnership firm and earn expected income of Rs.17,00,000. If he has decided to join as partner in partnership firm then what will be an opportunity cost of it?

    • @ecoso
      @ecoso 3 года назад +2

      1500000 as it is the next best alternative which is forgone by the businessman.

  • @aizanoor9049
    @aizanoor9049 3 года назад

    Thank you so much you explained very well♥️

  • @mohanrajj6788
    @mohanrajj6788 3 года назад +1

    Very good explanation!

  • @Sanauploads
    @Sanauploads 3 года назад +1

    This lecture is wow 🤩🤩

  • @triptipandey292
    @triptipandey292 3 года назад

    Sir please minus me opportunity cost smjhaiye ...... and thank you for great knowledge with in 6 minutes

  • @DEEN-ki-batien
    @DEEN-ki-batien 8 месяцев назад +1

    Sir kya he bat hai ❤

  • @anujkumarchoudhary8063
    @anujkumarchoudhary8063 4 года назад +2

    Sir, your teaching style is understood very quickly🥰

  • @AMANALI-fj1rj
    @AMANALI-fj1rj 3 года назад

    Thank you very much sir, God bless you...

  • @howtodo9320
    @howtodo9320 3 года назад

    Very nicely and clearly explained 😊😊 thnks sir

  • @vgospelth8346
    @vgospelth8346 4 года назад

    It brings me another concept of oppotunity cost.

  • @prateek_kulshrestha_
    @prateek_kulshrestha_ 5 лет назад +4

    Really valuable 🙏

  • @vijaykarnale4280
    @vijaykarnale4280 4 года назад +1

    Youre explabation super thank you sir

  • @sujanbiswas3832
    @sujanbiswas3832 4 года назад

    Very very good explaination sir😀

  • @sameer8th890
    @sameer8th890 3 года назад

    Thank you sir, it helped me in economics

  • @iranimondal3856
    @iranimondal3856 3 года назад

    Thankyou sir it helped me a lot.

  • @Rishi.Thakur001
    @Rishi.Thakur001 2 года назад +1

    Thanku my dear sir

  • @khatrisoniya6649
    @khatrisoniya6649 3 года назад

    Super explanation sir 👍👍👍👍

  • @mubashirhaseebansari5059
    @mubashirhaseebansari5059 5 лет назад +3

    what is differential cost and revenue cost

  • @gurulawacademy1156
    @gurulawacademy1156 4 года назад +3

    Very nicely explained. What about graphs?

  • @marybardhan-ir4uz
    @marybardhan-ir4uz Год назад

    Thank you sir.. Crystal clear hogaya 😁

  • @MS-tc8qi
    @MS-tc8qi 2 года назад

    Sir ur teaching so nice economics and stats also when I see ur stats video believe me after then I like solve the problem of stats....
    My one request to u sir can u explain once demand forcasting methods ....please sir

  • @almas2664
    @almas2664 4 года назад

    Great explanation. Thanks man

  • @AbdulWaheed-mi5ry
    @AbdulWaheed-mi5ry 3 года назад +1

    Sir app be MAA SHA ALLAH kafiii motea Hai

  • @weirdothings8672
    @weirdothings8672 3 года назад

    BGM was quite loud sir
    please take this in account for further videos:)

  • @syedkareem8322
    @syedkareem8322 10 месяцев назад

    Nice explain .🎉

  • @mohammadniazai646
    @mohammadniazai646 3 года назад

    Very helpful sir..... ❤️❤️❤️

  • @harshsoni1018
    @harshsoni1018 3 года назад +1

    Thank you Sir......🙏🙏🙏🌹🌹🌹

  • @yashprajapati8423
    @yashprajapati8423 4 года назад +4

    This vedio is Excellent Sir 🙏

  • @nikhilsamyal6658
    @nikhilsamyal6658 4 года назад

    Wow sir amazing explanation

  • @sumitgamer1624
    @sumitgamer1624 3 года назад +1

    Thanks you sir

  • @yogeshbisen5717
    @yogeshbisen5717 5 лет назад +2

    The opportunities in which we are loosing incomes, then why the term "cost" is mentioned? In other words, why the opportunity cost can't be called as "opportunity income" coz in every opportunity we r loosing income?

    • @obitoyornyi954
      @obitoyornyi954 5 лет назад

      Because its not about the income

    • @shashankshekhar4675
      @shashankshekhar4675 4 года назад +1

      Not in every case. What about the first example.. in that situation, it was actually the "cost" of the chocolate. In most of the cases we actually deal with the cost of the commodity, I guess that's why we call it opportunity "cost"?

  • @laxmiluitel9929
    @laxmiluitel9929 2 года назад

    Thank you for this video &Please ,what is outlay cost?

  • @rajanimishra9296
    @rajanimishra9296 2 года назад

    opportunity cost of holding money is determined by discount rate or interest rate?

  • @simarjeetsharma8605
    @simarjeetsharma8605 2 года назад

    V good explanation sir

  • @Cartoon-bh1ix
    @Cartoon-bh1ix 2 года назад

    Very esay explained sir

  • @bhawanineupane1742
    @bhawanineupane1742 3 года назад

    thank you sir.. I clearly understood

  • @vaibhavdalvi1355
    @vaibhavdalvi1355 4 года назад +1

    If we are choose 40000 salary wali job then opportunity cost will be?

  • @gaganvirsingh5505
    @gaganvirsingh5505 2 года назад

    nicely described what the exact topic is

  • @ArvindVerma-ye3py
    @ArvindVerma-ye3py 4 года назад +1

    Sir entrepreneurship me opportunity cost aur joint cost kya hota hh

  • @maazahmedkhan4150
    @maazahmedkhan4150 5 лет назад

    sir aap ne to buht achha samjaya hai thank you sir

  • @HarpreetSingh1991
    @HarpreetSingh1991 Год назад

    So, it's all about what we get in return more , what about cost over the time

  • @tamajitghosh4214
    @tamajitghosh4214 4 года назад +4

    Sir what if I choose project B, that time how much OPPORTUNITY COST will be?

    • @nishinair2956
      @nishinair2956 4 года назад +1

      OC considers profit LOST and not profit (gained)

    • @Amaira-v8d
      @Amaira-v8d 4 года назад

      I also wanted to ask the same question

  • @Mr.Gen-Z
    @Mr.Gen-Z 2 года назад

    Very well explained

  • @lakshaymehta3019
    @lakshaymehta3019 2 года назад +1

    Petrol price varies in this i think??

  • @ayeshamohsin4255
    @ayeshamohsin4255 3 года назад

    Thanks sir
    U are a life saver

  • @Deepakkumar-mf5wy
    @Deepakkumar-mf5wy 5 лет назад +8

    Background music irritated

  • @helptrickfan261
    @helptrickfan261 4 года назад

    Great sir g❤️❤️❤️❤️❤️

  • @sapnadangi882
    @sapnadangi882 2 года назад

    Thank you so much sir❤️🙌🏻

  • @shashank_d_a
    @shashank_d_a Год назад

    Today is my exam. So i am here at 3:30 am to learn this....

  • @sariarahman3466
    @sariarahman3466 11 месяцев назад +1

    Sir ❤️

  • @rajwada284
    @rajwada284 3 года назад

    Great..... sir

  • @ECBOAMasoodAhmed
    @ECBOAMasoodAhmed 2 года назад

    Top Sir top
    Thanks

  • @fahmidatasnim4889
    @fahmidatasnim4889 4 года назад +1

    Sir I request you to give us an easy and clear concept about opportunity cost and the optimal allocation of time....I can't understand about it....please make a video tutorial about it quickly..

  • @michisarbi5385
    @michisarbi5385 3 года назад

    But both the goods have profit right?.. And we can choose only one?

  • @myislam5588
    @myislam5588 3 года назад

    What a great sir.thanks