adingbatponder :mastodon: · @adingbatponder
141 followers · 1079 posts · Server fosstodon.org

@davedarko The concept of the costs incurred from spending money is in German and see 03:34 min in diesem Video "Opportunitätskosten"
youtu.be/9s8_Ds4EZr4
So ein totaller zu verbreiten wie im Video ist unfassbar... It is used to show that doing something you want to do with money you have got "is" more expensive (causes you to lose money) than doing something else (more "profitable") you do not want to do.

#opportunitatskosten #english #opportunityCost #schmarrn #madonomics

Last updated 1 year ago

Oblomov · @oblomov
477 followers · 14110 posts · Server sociale.network

Libertoloids know very well that is first and foremost a matter of rather than absolute impossibility: it's just not worthwhile to invest in recycling as long as procuring the raw materials by other means is cheaper and/or more effective. But as the materials become harder to procure by other means (and thus more expensive), recycling becomes a more palatable endeavor, and entrepreneurs will start investing in it.

#opportunityCost #recycling

Last updated 2 years ago

#WikiParty · @michaelgraaf
147 followers · 7373 posts · Server campaign.openworlds.info

When the migration to digital TV broadcasting was announced, some of us in @r2kcampaign suggested that instead, govt should give everyone broadband access, & let SABC stream. We were savagely attacked by liberals & nationalists alike. mybroadband.co.za/news/broadca

#opportunityCost

Last updated 2 years ago

@closetoyou
Here's the thing, there is an to everything.

We being alive means everyone else is worse off, by 0.00000001%

There's a trade off to all things – a Zero-sum etc. So we need to weigh up whether reducing of the and equalling the playing field in the long term is worth it. We say it is.

As we've said, there'll be a time when people can buy heaters. Heat is a perfectly viable output for humans.

#opportunityCost #consumption #moneyPrintingClass #bitcoinMining

Last updated 4 years ago