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Lee Chong Wei attends badminton training to be a better player instead of taking a vacation, so the opportunity cost was the vacation

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Goh is going to a mamak shop for his dinner. He has only RM 10 for his dinner.He need to make choices on his dinner either to have Fried Rice with Milo Ice or Fried Mee with Teh Ice.If he buy Fried Rice with Milo Ice, then the opportunit cost will be Fried Mee wih Teh Ice.

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Sherin went to the bakery shop with Rm5. She have to decide whether to spend the Rm 5 on waffles or chicken burger.. if she decide to buy waffle the opportunity cost will be the chicken burger.

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After graduated from university, u have to decide whether taking driving license or go for a job.If you choose to work, the opportunity cost will be the driving license.

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Santini Ramesh
Ali wanted to buy a car after he finished his secondary school,he had an option to buy expensive car or cheap car. Once discussing with his family the budget that was given to him to buy a car just accommodate him to get is cheap car. He wish and love to get an expensive car but unfortunately he only can get cheap car with the budget given to him, so the opportunity cost is the expensive car.

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Upon continuing studies to University, we need to purchase a laptop as to assist us for our assignments. There are many latest designs and technologically advanced laptops according to variety of brand choices. We may want to own each of those uniquely designed laptop, but we face scarce in terms of budget. Therefore, choosing the best convenient laptop that can help us with our assignments, within our budget will eventually lead us to have opportunity cost at the end of our decision.

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Syawal
Denisha has RM 5 and she wants to buy 2 kinds of stuff, a book and a pen each cost RM 5. Denisha has to choose whether she wants to buy a book or pen that will meet her satisfaction. If Denisha chooses a book, then the opportunity cost will be the pen.

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After graduated from secondary school you have to choose whether to continue study or go for work. When you had chosen to continue study then the opportunity cost will be the loss of earning from job.

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If you walk into the store with $50 and the store offers you 500 different items, you're only going to walk out of that store with a cart full of stuff that totals $50.

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You have learnt the concept of scarcity and choices in class. Now, you are required to think of one real life example to show the concept of scarcity and how choices needed to made.