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Economics

Student Videos

Opportunity Cost - Two Applied Examples

Level:
GCSE, AS, A Level, IB, BTEC Level 3, BTEC Tech Award
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Here is a short video exploring the concept of opportunity cost that draws on two examples, the choices we make about our coffee purchases and also the budget constraints facing the National Health service using real world data on the cost of individual NHS treatments.

Opportunity Cost - Two Applied Examples

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