3. What is opportunity cost?

3. What is opportunity cost?

Multiple Choice

Opportunity cost is...

• The highest value option I choose

• The highest value option forgone when I've made a choice

• All the options forgone

Multiple Choice

What is in the missing box? 空格裡的文字是？

• Resources / 資源

• Choice / 選擇

• Cost / 成本

• Needs / 需求

Opportunity Cost: The time example

• Let's say I have 2 hours of free time on Sunday. I can do 3 things, and I give each of these options a value from 1-10 (1 being lowest, 10 being highest):

• 假設我星期天有兩個小時的空閒時間。我可以做三件事，我給每個選項一個1-10的數值（1是最低的，10是最高的）

  
  

Multiple Choice

Based on the values, which option would I choose? 根據這些數值，我會選擇哪個選項？

• Play League of Legends (8)

• Read a book (7)

• Record TikTok videos (9)

Multiple Choice

What is my opportunity cost of recording TikTok videos? 我選擇錄製抖音視頻的機會成本是？

• Play League of Legends (8)

• Read a book (7)

• Record TikTok videos (9)

Multiple Choice

If I decide to buy Adidas Shorts, what is my opportunity cost?

如果我决定買 Adidas Shorts，我的機會成本是什麼？

• Adidas shorts

• 雞蛋仔 x6

• Xiaomi Earphones

• 雞蛋仔 x6 + Xiaomi Earphones