Table 1 shows the estimated community benefit from three alternative uses of one council-owned site.
| Project | Estimated community benefit |
|---|---|
| Health centre | Very high |
| Public park | High |
| Car park | Medium |
The council chooses the health centre. Using Table 1, what is the opportunity cost of this choice?
The combined benefit from the park and car park
The estimated benefit from the health centre
The estimated benefit from the public park
The money price of the council-owned land
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.