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The following You Tube Parent Decisionclip is good for opportunity cost (Skip the add). However, it doesn't show how to measure it. https://www.youtube.com/watch?v=pWE7WDZC-lQ How would

  1. The following You Tube Parent Decisionclip is good for opportunity cost (Skip the add). However, it doesn't show how to measure it.
  2.  https://www.youtube.com/watch?v=pWE7WDZC-lQ 

  3. How would you suggest to measure the opportunity cost of the parent in the video? How would you measure the opportunity cost of the kid?

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Answer To measure the opportunity cost for both the parent and the child in the video we need to consider the alternatives they are giving up and quan... blur-text-image

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