Tag: opportunity

Episode 8: Opportunity Cost

One outcome of the production possibilities model that’s tough, yet very real-world, is that without acquiring more resources, in order to get more of one kind of output (like a better economics grade), you MUST sacrifice some of the other output (like your math grade). This sacrifice is a fact of life, folks; it’s called …

The Business Opportunity Rule | Federal Trade Commission

The Business Opportunity Rule | Federal Trade Commission

Be your own boss! For would-be entrepreneurs, a claim like that is sure to attract attention. And if you’re an entrepreneur who markets business opportunities, we have some important information about an FTC rule that affects the business of bizopps. Hello. I’m Christine Todaro, an attorney with the Federal Trade Commission, the nation’s consumer protection …

Opportunity Cost versus Sunk Cost

Opportunity Cost versus Sunk Cost

From the international headquarters of the McNeil Film Studios in beautiful Baja Tustin, I’m going to talk about opportunity cost very quickly, I mean cost. When economists talk about cost they’re talking about opportunity costs unless they say differently. An opportunity cost means the value of the next best foregone opportunity because you do something. …

Understand Opportunity Cost in HINDI

Subscribe Intellectual Indies, press the bell icon and never miss any update Let’s say i can earn 1000/hour Now what am i doing? I am shooting this video then will edit Then upload Then i will reply to comments. Let’s say this consumes my 2 hour. I am giving my 2 hour Means i wasted …

Milton Friedman – Redistribution of Wealth

Milton Friedman – Redistribution of Wealth

sure but most of my I’ve heard you talking about has been about distribution of income rather than about the distribution of wealth yeah now you wouldn’t argue at least I hope you wouldn’t that the person in let’s say sure but say yeah is genetically inferior say to the person in America is to …

What Does Wealthy Affiliate Offer that is Special

What Does Wealthy Affiliate Offer that is Special

hi I’m Lisa Vance and today I want to show you a little bit about wealthy affiliate the program I’m asking you to join the reason I’m asking you to join is if you are looking to find out how to build web pages learn about affiliate marketing take advantage of some incredible training at …

“Trade Is Made of Win,” Part 1: Wealth Creation

“Trade Is Made of Win,” Part 1: Wealth Creation

“Trade is Made of Win,” Part 1: Wealth Creation One of the most important ideas in all of economics is that trade creates wealth. It’s also one of the least understood ideas in all of economics. Most people think that if two people trade, one of them has to win and one of them has …