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Questions tagged [explain to a child]

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Chiara Chiara Tue Jan 21 2025 | 7 answers 1388

How to explain opportunity cost to a child?

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?

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