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0455 IGCSE ECONOMICS
PAPER-2-TOPIC-1-BASIC ECONOMIC PROBLEM-TOPIC WISE PAST PAPERS / PAPER-2-OPPORTUNITY COST
- 1.3-Opportunity-cost-Set-1-2-qp-ms.pdf
- 1.3-Opportunity-cost-Set-3-4-qp-ms.pdf
- 1.3-Opportunity-cost-Set-5-6-qp-ms.pdf
- 1.3-Opportunity-cost-Set-7-8-qp-ms.pdf
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Note:
IGCSE Economics Topic Questions on Opportunity Cost Paper 2
- Opportunity cost is the next best alternative forgone.
- Example of opportunity cost: Government spending on unemployment benefit will reduce a government's ability to spend on another item (for instance health care)
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