A community centre has one room available for a Saturday event. The organiser chooses to hold a repair café. The organiser's preferences for the possible alternative bookings are shown below.
| Rank | Possible booking |
|---|---|
| 1 | Family board-game afternoon |
| 2 | Local history talk |
| 3 | Craft workshop |
Explain the opportunity cost of holding the repair café.
81 exam-style questions on AQA GCSE Economics 1.1 Economic foundations, covering 1.1.1a Needs and wants, 1.1.1b The central purpose of economic activity, 1.1.1c Key economic decisions, 1.1.1d The main economic groups, 1.1.2a The nature of an economic resource, 1.1.2b The four factors of production, 1.1.3a The basic economic problem and making choices, and 1.1.3b Opportunity cost. Each one has a worked solution and a mark scheme showing where the marks go.