Opportunity cost
A city can fund either 4 clinics or 10 playgrounds with $20M. A mixed plan funds 2 clinics and 5 playgrounds.
- The production tradeoff makes forgone alternatives visible.
- Trace the worked reasoning before selecting the conclusion.
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LEARN MISSIONchoice, scarcity, competition, game theory, and institutions
choice, scarcity, competition, game theory, and institutions
What is the opportunity cost of one clinic on this frontier?
MODELIncentive Map
POLICY
PROVEChoose with evidence
CLUE
Pause. Find what matters. Then make your move.