Year 11 Homework : Opportunity Cost

Dear Year 11,

Good to see you back. Make sure you start as you mean to go on, by fully understanding the new concepts as we cover them.

Homework is due Weds 14 Sep

1. Watch the video below
2. Write a paragraph explaining how this video is all about the opportunity cost a bloke's time.
3. Write a paragraph explaining how you personally can use opportunity cost to explain the choice you make with your own time.
4. Find another example of opportunity cost (on the internet) and explain this too.

Success Criteria : one and a half sides ; uses correct economics terminology ; examples are explained fully ; last example is original or creative.