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Optimal decision-making and opportunity costs | AP(R) Microeconomics | Khan Academy

13,859 views

Khan Academy

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 5:03 / 5:08

Speech Rate:

  • 179 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

associated

/əˈsōsēˌādid/

adjective verb

connected with something else. To spend time with other people; mix with.

reasoning

/ˈrēz(ə)niNG/

noun verb

action of thinking about something in logical. To think and make conclusions in a logical manner.

between

/bəˈtwēn/

adverb preposition

in space separating things. From one person, thing, or place, to another.

optimal

/ˈäptəməl/

adjective

best or most favourable.

important

/imˈpôrtnt/

adjective

Having a big effect on (person, the future).

explicit

/ikˈsplisit/

adjective noun

(Of images/language) very clear, e.g. showing sex. closing words of manuscript etc..

maximize

/ˈmaksəˌmīz/

verb

make as large or great as possible.

thinking

/ˈTHiNGkiNG/

adjective noun verb

using thought or rational judgement. process of considering or reasoning about something. To have an idea, opinion or belief about something.

because

/bēˈkəz/

conjunction

For a reason.

associate
adjective noun verb

connected with organization. work partner. To spend time with other people; mix with.

decision

/dəˈsiZHən/

noun

Choice made after thinking; final judgment.

quantify

/ˈkwän(t)əˌfī/

verb

express or measure quantity of.

rational

/ˈraSH(ə)n(ə)l/

adjective noun

based on or in accordance with reason or logic. rational number.

implicit

/imˈplisit/

adjective

Unquestioning and without doubt.

logical

/ˈläjək(ə)l/

adjective

Sensible; reasonable.

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