Opportunity cost worksheet for students
[PDF File]Opportunity Costs Worksheet
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Opportunity Cost Assume that you would engage in all of the following activities. Then consider what else you could be doing with your time or money if you decided not to engage in those activities. Finally, choose your next best option in order to determine the opportunity cost for you for each activity.
[PDF File]Lesson 1: Scarcity and Choice - Social Studies Curriculum
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and identify Sam’s opportunity cost. Students are introduced to an economic decision-making model and graphic organizer. Using the model, students evaluate alternatives to make a choice and identify their opportunity cost. Content Expectations 2 - E1.0.1: Identify the opportunity cost involved in a consumer decision. Integrated GLCEs
Opportunity Cost Examples - Amazon S3
The opportunity cost of not training her employees = £39520 - £39000 = £520 One danger of training the students, however, might be that they may leave her employment sooner than the 3 month period. If one the students did not enjoy the job and left after the first 2 …
[PDF File]!Choices,!Opportunity!Cost!andBenefits! !With ...
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!Choices,!Opportunity!Cost!andBenefits!!With!TheGreedyTriangle! ThirdandFourthGrade! JaciSullivan! Barton!Open!School!!!!!
[PDF File]Money Math for Teens
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3. Introduce and present the Opportunity Cost Exercises worksheet. • Ask students to complete page 10 to illustrate the idea of opportunity costs. • Review the compound interest formula example (page 10). • Ask students to answer the compound interest questions on page 11. This can be considered part 1 of the assessment for the lesson.
[PDF File]Lesson 1 Production Possibilities and Opportunity Cost
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Lesson 1 PrOduCTION POSSIbIlITIES ANd OPPOrTuNITy COST 6. Show Slide 1.2. Explain to students that one resource needed to produce both smartphones and tablet computers is the rare earth mineral coltan. Coltan is a heat-resistant ore that can hold a strong electrical charge; it is used to make capacitors for touch screens in smartphones and tablets.
[PDF File]Name: Class: Date Taken: Total Possible Marks: 26 ...
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Name: Class: Date Taken: Total Possible Marks: 26 Opportunity Cost Complete the following questions in the time allowed by your teacher QUICK DEFINITIONS Write a short, accurate definition for each of the following key terms. (2 marks for each good quality definition) 2 1. Define: opportunity cost Answer
[PDF File]Why it Matters: What is the “Real” Cost? Lesson Overview ...
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Why it Matters: What is the “Real” Cost? Lesson Overview . This lesson explores the concept of opportunity cost and, more specifically, in the context of the decision to go to college. Students identify the opportunity cost of some simple and some difficult decisions. Then, they apply their understanding of opportunity cost to the college ...
[PDF File]Scarcity and Opportunity Cost Station - Weebly
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What is the opportunity cost of this decision? Giving students feedback Communicating with the families of students 6. The United States Congress spends $3.2 million on supporting our army, navy, marines, and coast guard instead of on public assistance programs.
[PDF File]UNIT 1 Microeconomics LESSON 2
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(A) The law of increasing opportunity cost is hard for students to grasp. If opportunity cost is constant or increasing for one of the goods, it is constant or increasing respec-tively for both goods. (B) The free-good case is an exercise in graphic interpretation, which can be used to emphasize that there are very few free goods in the world.
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