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Topic Videos

Opportunity Cost - Two Applied Examples

Level:: A-Level, BTEC National, BTEC Tech Award, GCSE, IB Diploma

Board:: AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 15 Sept 2019

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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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