Opportunity cost is an important concept of Economics. In this hindi video, we will understand what is Opportunity Cost? Why and how it should be calculated before any personal or financial decision making?
Opportunity cost is explained with 5 real life examples. This will help us in our everyday decision making whether in business or in personal life.
अपॉर्चुनिटी कॉस्ट क्या होती है? कोई भी पर्सनल या फियनान्सिअल निर्णय लेने से पहले क्यों और कैसे अपॉर्चुनिटी कॉस्ट कैलकुलेट की जानी चाहिए? इस वीडियो में इसे 5 असल ज़िन्दगी के उदाहरणों के साथ समझाया गया है।
अपॉर्चुनिटी कॉस्ट माइक्रो इकोनॉमिक्स का एक बहुत ही महत्वपूर्ण कांसेप्ट है जो हमें अपने दैनिक निर्णय लेने में मदद करता है चाहे बिज़नेस में हो या व्यक्तिगत जीवन में।
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In this video, we have explained:
What is the meaning of opportunity cost?
What is value of the opportunity lost?
How to use micro economics concept like opportunity cost in day to day life?
How to make the personal and financial decisions using microeconomics?
We often underestimate the power of learning concepts of economics but even simple microeconomic concepts such as opportunity cost that can help us tremendously in real-life decision making. You can always use opportunity cost calculation to get out of the dilemma while taking a big decision in personal life or even in business.
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Hope you liked this video in Hindi on “Opportunity Cost”.
