watching this has messed up my youtube recommendations for good.
Tell me how this 3 minute video explained this to me when half a semester in my econ class couldnt :/
I want to hug the person/people who made this video
Ann with her “fishy fish” and Bob with his “banana”. Mkay
I learn here more than in university
My university used this resource to teach me economics.... this is free. The opportunity cost of me going to university is me traveling the world debt free and living in a tiny house.
The banana - fish example is more about comparative advantage vs absolute advantage.
Welcome to another episode of I learnt more from this than from my Uni 🤣
Next best alternative 🙋🏻♂️
Thank you!! I am currently in high school taking up basic economics for extra credit 💖
In our dystopia, society DECIDES what the cost is secretly instead of it being organically decided based on supply and demands.
My first time commenting on Lecture video on Youtube :p THANK YOU ! I've been stressing over this. IDK why professors like to make things look complicated even tough they're super easy?
I gave up 15 minutes of trying to understand this term by reading a book to later understand this concept in under 3 minutes on YouTube. Damn.
Nice animation great explanation. Thank you. I like that Ann is a Fisher woman and Bob is the farmer.
Is the opportunity cost the highest valued option forgone?
i just searched how to write "opportunity" in right way
I learned this way better then how my Econ professor explained it…
great explanation
Thank you for explaining it
@rutusayswhat