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Talu O

All the cars you can buy for the cost of a 2014 Porsche 911 Turbo S | Autoweek - 0 views

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    This is an article about the opportunity cost of buying several models of Porsche 911. It mainly focuses on different variations of opportunities of purchases rather than buying one Porsche 911.
Semsioglu E

The Role Of Opportunity Cost In Financial Decision Making - 0 views

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    I think that this article is strongly connected to what we have done this week. First of all, we have learned what opportunity cost is. Secondly, just like we did in the shipwrecked activity, the article is about the opportunity cost in our daily lives.
Talu O

BBC News - HS2: 12 arguments for and against - 0 views

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    Labour has cast doubt on the future of HS2 but just what are the arguments for and against a new high-speed rail link? This article is about the discussions in England, about a highspeed trailway system. Authorities are arguing if it will be for the benefit or disfavor of the country. The opportunity cost for connecting the urban and rural areas and providing ultimate transportation between big cities and small towns; is the extreme flow of money from minor settlements to metropolitan areas, causing a huge economic leap and difference between them.
Clelia K

California: Measure to Overhaul Water Management - 2 views

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    Gov. Jerry Brown signed legislation on Tuesday overhauling the state's management of its groundwater supply, bringing it in line with other states that have long regulated their wells. This is really important because california has large agriculture based businesses (central valley). In fact, the oppositions to the legislature were people in the agriculture business. This potentially allows water companies and regulators to intervene if water use is excessive or improper. This is an article directly discussing scarcity of water and natural resources and how the government regulates these resources. This passing of this legislature could also have some opportunity cost along with it; less water=maybe more expensive food, less food, more chance of dying crops (?)
Isobel Stephen

With Ebola crippling the health system, Liberians die of routine medical problems - 2 views

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    This article shows opportunity cost because the health care systems of Liberia and Sierra Leone must dedicate the entirety of their resources - space in hospitals, as well as equipment (capital) and the labor of the doctors -so that the system is unable to take care of people who are sick with diseases other than ebola. They must allocate all their resources to ebola, and none are left over for victims of other diseases.
Srikanth L

Cleaning Ganga will take 18 years & massive investment: Centre to Supreme Court - The E... - 2 views

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    The holy river of Ganga that flows through new Delhi, capital of India, supports the lives of people living in about 118 towns. Over time this river has become highly polluted; some factors to blame for this would be modernization and ignorance. During the summer of 2014 a new Prime Minister was elected who has set up a project to clean this water body. The opportunity cost in saving this water body is time and financial resources. Roughly, it is said that the government plans of completing this project over 18 years while using millions of INR. The government is giving up these valuable resources to achieve something that is of high importance.
Nilrangsi V

Liberia in 'trees for cash' deal - 2 views

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    Liberia was going through a lot of deforestation, and was going to become the number one deforested country. Therefore Norway has jumped in to help with this crisis, by saying they will help pay for development aid, because there have been fears that the Ebola crisis would increase the logging in Liberia, who are really desperate for cash. This part of the news shows how Liberia would cut all their trees and take away all of their valuable resources for the money to help cure it's people. As of now Norway will pay the impoverished West African country $150m (£91.4m) to stop deforestation by 2020.
Iqtyider W

Sugar market beset by high stocks, low prices, and over-supply - but are sweeter times ... - 0 views

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    In the news they assess the fundamental factors moving sugar prices in key markets such as Brazil and Thailand; the impact of macro-economics, weather patterns, increasing global competition and subsidies in India; and how the sugar / ethanol production balance could prove to be crucial for the long term outlook of both markets.
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