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Cryptocurrency Q&A How to explain opportunity cost to a child?

How to explain opportunity cost to a child?

Chiara Chiara Tue Jan 21 2025 | 7 answers 1388
I want to teach my child about opportunity cost, but I'm not sure how to simplify the concept enough for them to understand. How can I explain this economic principle in a way that's easy for a young mind to grasp? How to explain opportunity cost to a child?
opportunity cost explain to a child economics concept

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Related questions

  1. Is opportunity cost what must be given up in order to something else?
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  3. What is opportunity cost in accounting with example?

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