Opportunity Cost | Business Studies

Opportunity Cost
Credit: https://www.marketplace.org/2013/06/13/opportunity-cost-simple-whiteboard-explainer/

Welcome to another post on my blog. This week in Business Studies, we learnt about opportunity costs. Opportunity costs mean, "It is what a person sacrifices when they choose one option over another." After learning about opportunity costs, we were given a scenario and then create a presentation to show the scenario. I created my video presentation on Canva.