Jul 31, 2008

Opportunity Cost of My Life

my partner in crime for past one and a half year GM suggested that i shud write something on Time line or rather Opportunity cost of my life. somebody go and tell him, that one should not try to calculate the depth of ocean..but i guess an attempt cud be made to value my life in monetary figures

Opportunity Cost is calculated as
Change in cost X 100
initial cost


initial cost refers to what i m doing currently. there are two approaches to calculate this cost
according to first approach, I am currently sitting IDLE in a space valued at more than Rs. 10 million, which is concurrently occupied by my daddy dearest.

According to Second approach, whose father is none other than my father values my opprtunity cost being good for nothing.
that is the my contribution which becomes cost for him, is ZERO

Thus whatever approach we use to calculate my current cost, it would be euqal to ZERO only.
hence making my opportunity cost infinity,

P.S. Going by this valuation i shud be one of the most sought after person on this earth...

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