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Calculate Opportunity Cost Ppf . As we'll see, it's going to change depending on what scenario we are in, at least for this example. Ppfs can also illustrate the opportunity cost of a change in the quantity produced of one good. Chap1 from www.slideshare.net Opportunity costs create awareness of lost opportunity. The formula is simply the difference between what the expected returns are of each option. If you always set up your information like this you can easily calculate the.