Say it louder 👏 Since I learned choice, scale of preference, and opportunity cost in economics, I have different views in what I desire at the moment because I have to make my desire align with my resources. When you educate yourself to be contented and optimistic, you won't be perturbed by what you need to satisfy because you know that you won't have it all figured out. Education is self-awareness. | Lifetimenuz

Understanding Behavioral Economics: Theories, Goals, and Real-World Applications

12 reactions · 5 comments | Welcome to today’s lesson on the Basic Concepts of Economics  In this video, you’ll learn: The meaning of Needs,Wants, Scale of preference, opportunity cost, Choice, scarcity. #GlobalEconomy​ #EconomicsInRealLife​ #EconomicsStudents​ #AfricanStudents​ #EuropeanStudents​ #EducationChannel​ #StudyAbroadLife​ #EconomicsTutor​  Don’t forget to LIKE, COMMENT, and SUBSCRIBE for more lessons | Wisdom Amechi Okoro | Facebook

Scale of Preference: Its Importance and Example -

Scale of preference is important for the following reasons exce... | Filo

What is scale of preference? - Economics | Shaalaa.com

💰Buffett’s Preference of Stocks vs Properties! 💰 For Warren Buffett, he has explained many times why he prefers stocks over real estate, even though both can make people very wealthy. His preference comes down to efficiency, scalability, and temperament, not because real estate is “bad.” Here are the main reasons, in Buffett’s own style of thinking: ✅ 1) Stocks Are Easier to Scale With stocks, Buffett can invest billions of dollars instantly. • Buy $5 billion of Apple stock in minutes ✔️ • Try