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1.2 The basic economic problem

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Question 9

Leila ranks attending a pottery class first, visiting her cousin second and revising for a test third. She spends Sunday afternoon at the pottery class.

What is Leila’s opportunity cost of attending the pottery class?

[1]
A

Attending the pottery class

B

Visiting her cousin and revising for a test

C

Revising for a test

D

Visiting her cousin

Markscheme

1.2 The basic economic problem Questions

  1. GCSE
  2. /Economics
  3. /1.2 The basic economic problem

77 exam-style questions on OCR GCSE Economics 1.2 The basic economic problem, covering 1.2.1 Scarce resources and unlimited wants, 1.2.2 The economic problem, 1.2.3 Opportunity cost, and 1.2.4 Costs and benefits of economic choices. Each one has a worked solution and a mark scheme showing where the marks go.

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