OPPORTUNITY COST DEFINITION AND EXAMPLES

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  • Опубликовано: 1 окт 2024

Комментарии • 286

  • @pratibhaahirwar7726
    @pratibhaahirwar7726 4 года назад +211

    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...😉

  • @gyanishraj3398
    @gyanishraj3398 4 года назад +46

    Sir one request background music creat disturbance .

  • @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

  • @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 3 года назад +19

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

  • @strong-brain-cells
    @strong-brain-cells 2 года назад +1

    Opportunity cost : I choosed ₹150k instead of I phone 14 😁

  • @rahulmehta3270
    @rahulmehta3270 3 года назад +2

    plzz

  • @Deepakkumar-mf5wy
    @Deepakkumar-mf5wy 4 года назад +8

    Background music irritated

  • @darsh2704
    @darsh2704 4 года назад +1

    Background Music😬

  • @snehabhardwaj10
    @snehabhardwaj10 Год назад +1

    Amazing explanation 😍🫡

  • @risvar9301
    @risvar9301 4 года назад +8

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

  • @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)

    • @somyazehra907
      @somyazehra907 4 года назад

      I also wanted to ask the same question

  • @sunilpradhan1907
    @sunilpradhan1907 5 лет назад +7

    Thank you sir and keep it up

  • @MsAnupamsingh
    @MsAnupamsingh 4 года назад +4

    Samajh gaya bidu, mast explain kiya thx

  • @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

  • @vaibhavdalvi1355
    @vaibhavdalvi1355 4 года назад +1

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

  • @RituParashar373
    @RituParashar373 4 года назад +7

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

  • @ashutoshmishra6874
    @ashutoshmishra6874 4 года назад +1

    Beautifully explained sir 👍 but please erase that background music

    • @thuglifememe8437
      @thuglifememe8437 3 года назад +1

      Yayy!!!this background music is very disturbing 😕😐😢plzzz.erase this🧐🧐🧐

  • @SatyaPrakashY21C
    @SatyaPrakashY21C 4 года назад +1

    Aapki voice saif ali Khan jaisi hai sir

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

    Thanku my dear sir

  • @soumenbhowmick1664
    @soumenbhowmick1664 3 года назад +1

    Thanks a lot from BENGAL 🙏

  • @tushar8338
    @tushar8338 3 года назад +1

    Sir, cash cost kya hota he?

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

    Sir app be MAA SHA ALLAH kafiii motea Hai

  • @ambea5217
    @ambea5217 4 года назад +1

    In project a 5 % project b 8 % if choose 5 % project a; WHAT IS OPPORTUNITY COST ??
    3% or 8% ??

  • @rahulmehta3270
    @rahulmehta3270 3 года назад +1

    sir bst ka viedio banaiye

  • @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 2 года назад +2

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

  • @adreesmughaladreesmughal3876
    @adreesmughaladreesmughal3876 3 года назад

    Plz don't put the background music...it's disturbing and annoying at the same time... Thanks🌞

  • @Kashmiri786love
    @Kashmiri786love 2 года назад

    I want prepare myself for final exams within 2 months please tell me how I can do this 😭😭

  • @mousumisahoo8022
    @mousumisahoo8022 2 года назад +1

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

  • @DEEN-ki-batien
    @DEEN-ki-batien 5 месяцев назад +1

    Sir kya he bat hai ❤

  • @DeekshaDeekshaSingh-i3o
    @DeekshaDeekshaSingh-i3o 8 месяцев 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 😅⚡️

  • @poojamishra9281
    @poojamishra9281 4 года назад +2

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

  • @bodustales134
    @bodustales134 4 года назад +1

    Brother aisa nahi hota Opportunity cost sirf extra ko nahi dekta kyuki voh possible hi nahi hai. Chocolates ke example mein base same hai but if you have to decide wheather to buy Oneplus 7 or Iphone 11 and then if you choose Iphone 11 You didnt give anything extra I mean you cant compare. Opportunity cost- The next best alternative forgone. Bhai bacho ko sahi sikhao Galat content please mat daloo

    • @nitingoel
      @nitingoel  4 года назад

      Mujhe pata hai dost ki aap bachchon ko galat nahi seekhana isiliye jitna bhi content aaj tak daala hai apne 21 saal ke experience se sahi daala hai. Have faith and cross check with relevant books.😊👍

  • @sumitgamer1624
    @sumitgamer1624 2 года назад +1

    Thanks you sir

  • @unknown-nl9ql
    @unknown-nl9ql 4 года назад

    Make the title on Hindi😠😠😡🤬 wtf we need English explaination

  • @weirdothings8672
    @weirdothings8672 2 года назад

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

  • @selectforintellect6092
    @selectforintellect6092 2 года назад

    Background music throughout the video makes no sense at all. It was causing a lot of disturbance. Please avoid using it the next time.

  • @mentobusiness2353
    @mentobusiness2353 9 месяцев назад

    What is that BGM for?
    reminds me of learning Alphabets 😂

  • @rishavrajsingh7660
    @rishavrajsingh7660 Год назад

    Please don't add background music sir thank you for the video

  • @MehwishUsafzai
    @MehwishUsafzai 11 месяцев назад +1

    Thnkuu sir ❤

  • @artisticscalesanujasutar264
    @artisticscalesanujasutar264 2 года назад +1

    Nice explanation sir 🙏🙏🙏👍👍👍👍👍

  • @adityadubey1836
    @adityadubey1836 8 месяцев назад

    Sir background music band kar dijiye plz

  • @krishnamandal7691
    @krishnamandal7691 Год назад

    Sir background music k waja se problem jo rahi hai 😟

  • @SulaimanKhan-vb5zu
    @SulaimanKhan-vb5zu Год назад

    🎉very good sir I watch this video from Pakistan

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

    Sir entrepreneurship me opportunity cost aur joint cost kya hota hh

  • @sariarahman3466
    @sariarahman3466 8 месяцев назад +1

    Sir ❤️

  • @bininiktor3628
    @bininiktor3628 3 года назад

    Can u explain me about opportunity cost model of haberler

  • @saadipubg3558
    @saadipubg3558 2 года назад

    Marginal opportunity cost ki term ka kya mtlb ha ?

  • @prateek_kulshrestha_
    @prateek_kulshrestha_ 4 года назад +4

    Really valuable 🙏

  • @Ramu_chaat_wala
    @Ramu_chaat_wala 2 года назад

    Sir please make music sound low it creates disturbances.

  • @mubashirhaseebansari5059
    @mubashirhaseebansari5059 4 года назад +3

    what is differential cost and revenue cost

  • @HarpreetSingh1991
    @HarpreetSingh1991 9 месяцев назад

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

  • @rishabhtomar484
    @rishabhtomar484 Год назад +1

    Hi

  • @Mr.Sen_
    @Mr.Sen_ 2 года назад

    Sabse phela background music bnd kro

  • @lakshaymehta3019
    @lakshaymehta3019 2 года назад +1

    Petrol price varies in this i think??

  • @deepmala2772
    @deepmala2772 4 года назад +4

    Background music is too much irritating

    • @nitingoel
      @nitingoel  4 года назад +5

      Yes I know. Those days I was learning. But because of feedback from students Now all the videos over last 8 months are without music . Keep kearning and keep supporting with continuous feedbacks 😊😊👍👍

    • @deepmala2772
      @deepmala2772 4 года назад

      @@nitingoel okkk sirr thnkuuu

  • @Urrboss28288
    @Urrboss28288 2 года назад

    What if we choose 40k then it is not opportunity cost right ?

  • @shashank_d_a
    @shashank_d_a Год назад

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

  • @seemabothra9985
    @seemabothra9985 2 года назад

    sir aap acha padha rahe hoi lekin please piche music mat daalo disturb hote hai

  • @marybardhan-ir4uz
    @marybardhan-ir4uz Год назад

    Thank you sir.. Crystal clear hogaya 😁

  • @paprichakraborty2241
    @paprichakraborty2241 3 года назад +2

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

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

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

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

    Within a minute my confusion cleared 💕💕.

  • @gurulawacademy1156
    @gurulawacademy1156 3 года назад +3

    Very nicely explained. What about graphs?

  • @LokeshKumar-ku2ze
    @LokeshKumar-ku2ze 3 года назад

    Let us support Nitin Sir by watching the advertisements and following him on Instagram:
    instagram.com/nitingoelclasses
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    facebook.com/nitingoelclasses/
    and can visit his site too::
    nitingoelclasses.com/
    😇✌🏼

  • @akshitdayalsharma6092
    @akshitdayalsharma6092 Год назад

    galat concept de rahe ho sir, ye nahi hai opportunity cost

  • @sagarrj9935
    @sagarrj9935 4 года назад

    Opportunity cost Watch this - ruclips.net/video/lMfwhnL1jUg/видео.html

  • @PoojaSingh-yy2th
    @PoojaSingh-yy2th 3 года назад

    Sir bhotttt gnda hai hum😥😥😥😥😥😥😣😣😣😣😫😫😪😪

  • @anutamallick2711
    @anutamallick2711 2 года назад +1

    Thank you sir nice teaching

  • @moranculture
    @moranculture Год назад

    In education concept keya hoga

  • @DeccanRaja
    @DeccanRaja 2 года назад +1

    Super Super Super...explanation Sir.

  • @sabithapa010
    @sabithapa010 5 месяцев назад

    Its the same answer in economic also right?

  • @safooralone2597
    @safooralone2597 3 года назад

    We can say opportunity cost is our implicit cost??

  • @jakeharper6189
    @jakeharper6189 4 года назад +3

    Thank you .

  • @sevanteevishal9265
    @sevanteevishal9265 4 года назад +2

    Thank u sir I understood very well🙏

  • @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 4 года 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"?

  • @MonaJee-o6k
    @MonaJee-o6k 10 месяцев назад +1

    👌

  • @neelakshichouhan2052
    @neelakshichouhan2052 4 года назад +2

    Thank you sir

  • @vijaykarnale4280
    @vijaykarnale4280 4 года назад +1

    Youre explabation super thank you sir

  • @unun6019
    @unun6019 2 года назад

    Sir, thank you very much, but plz don't add music in educational videos 🙏

  • @triptipandey292
    @triptipandey292 3 года назад

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

  • @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

  • @abdulhalimkawsar2397
    @abdulhalimkawsar2397 Год назад

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

  • @michisarbi5385
    @michisarbi5385 3 года назад

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

  • @JyotiVerma-jz8mq
    @JyotiVerma-jz8mq 10 месяцев назад

    Sir you are a brilliant teacher ❤❤

  • @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

  • @abubakerbinmahfooz5471
    @abubakerbinmahfooz5471 Год назад

    sir please don't add the music

  • @Gg44265
    @Gg44265 2 года назад

    Thank you sir,😄

  • @paulamani3936
    @paulamani3936 3 года назад

    When opportunity cost is zero?

  • @Dearsaam
    @Dearsaam 3 года назад

    thank you so much
    watching from nepal

  • @protimdutta9848
    @protimdutta9848 4 года назад

    Excellent explain ,but background music is so so irritated

  • @priyanshu_gupta_iimvisakha4136
    @priyanshu_gupta_iimvisakha4136 3 года назад

    sir nice explanation but please remove background music

  • @DOM205
    @DOM205 7 месяцев назад

    Chocolate khake mote toh ho rahe ho aap

  • @vivansourish3820
    @vivansourish3820 4 месяца назад

    Very useful sir I will definitely use examples in my presentation

  • @harshsoni1018
    @harshsoni1018 3 года назад +1

    Thank you Sir......🙏🙏🙏🌹🌹🌹

  • @faizariaz9835
    @faizariaz9835 4 года назад +1

    Am from Pakistan thank u sir

  • @rajanimishra9296
    @rajanimishra9296 Год назад

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

  • @shreyashsrivastava9071
    @shreyashsrivastava9071 3 года назад

    Hello, I can edit videos to a new level - content to make your best quality content.

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

    Very well explained