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Thomas Corr

Should I Buy a Car or Rent an Apartment? Opportunity Cost | Nigerian Bulletin - Trending News & Updates - 5 views

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    A quick article on an opportunity cost that a lot of people have to go through
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    The article is appropriate. What specifically did you wish to focus on in relation to opportunity cost?
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    it is a short article about an opportunity cost, every one have different opinion on how to manage the money and what's the most value of the best alternative forgone.
Johaan J

Better to Buy or Rent a House? - 1 views

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    I think this is a good example of opportunity cost, as it shows that while buying renting a house may give you more money to spend on things at the current time, buying a house will decrease the amount of money at that time, but will give you more in the long run.
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    Hi Johaan I agree with the points you have made. Very relevant to opportunity cost. Do also try to use other bookmarking tools such as highlighting so that you are familiar with this. Good job. Ms Charles
Ronald P

Ukraine tells Russian Invasion means War - 1 views

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    Although this is a rather tenuous link to Scarcity and Opportunity Cost, we can see the scale in which Economics affects our world. The scarcity is the amount of soldiers, money and time, whilst the Opportunity cost is the next best alternative foregone, which in this case if Russia decide not to invade Ukraine, is a War between former Soviet Countries.
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    Hi Ronald I agree its a rather tenuous link and maybe a more closely related article may have supported these economic concepts easier however you did manage to make some poignant links. Good job
Izuru M

Why Russia Is Unlikely To Use Natural Gas As A Weapon In Ukraine Crisis - 3 views

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    This is a great example of both scarcity and opportunity cost, since the decision Russia is going to have to make is depending on the scarcity of money that is going to increase if they use natural gas as a threatening weapon towards the countries in Europe. The opportunity cost of Russia choosing to keep trading natural gas for money, is not being able to threat European countries using natural gas.
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    Hi Izuru Very relevant article. Good work
Matthew L

Google offered more than $19B for WhatsApp: Here's why it got turned down - 3 views

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    Whatsapp turned down a much larger offer because they thought Google was only interested in outbidding Facebook, but not the actual business. They would have more money if they sold to Google, but the developers of Whatsapp cared about their business and users, they decided to sell to a company who really cared about their business. However, no one knows is this a right decision or not. Since technology improves dramatically fast, therefore, Whatsapp can potentially make more money in the future.
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    Hi Matthew Unique take on opportunity cost. Very good. Please try to use more of the bookmarking tools so that you are familiar with it. Ms Charles
Matthew L

China's demand for milk powder becomes a white gold rush on Aussie dairy farms - 3 views

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    We can see this is a golden opportunity for Australia since its economy status is at the low place. The huge demand of milk powder from China just brought this chance to Australia to supply more thus make money from it to bring back the economy.
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    Hi Matthew I like the summary. Please try to use economic terminology instead of low place. Also please practice using the bookmarking tools like highlighting etc. Best Ms Charles
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