Sam wrote a list of how he would prefer to spend his Saturday afternoon. first choice go to a cricket match second choice watch the annual town parade third choice go to the cinema fourth choice visit relatives Unfortunately a thunderstorm caused the cricket match and the town parade to be cancelled. Sam went to the cinema. What was the opportunity cost of going to the cinema?

2281_w13_qp_12

MCQ

2013

Paper 1, Variant 2

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A generating station was built to supply electricity to a rural village in Africa. What was the opportunity cost to the local economy?

2281_w13_qp_13

MCQ

2013

Paper 1, Variant 3

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In recent years more golf courses, which use large quantities of water, have opened in China. What may be the opportunity cost of this?

2281_w14_qp_13

MCQ

2014

Paper 1, Variant 3

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A bridge is built over a river which enables journey times to be reduced. The table shows costs and benefits from building the bridge. $000 private benefit private cost external benefit external cost Which calculation represents social benefit?

2281_w14_qp_13

MCQ

2014

Paper 1, Variant 3

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A person works at home making small cakes. She can make 30 cakes an hour and works for four hours a day. The total cost of the ingredients is $50 and she sells the cakes for $2 each. What is the opportunity cost if she takes a working day for a holiday?

2281_w15_qp_13

MCQ

2015

Paper 1, Variant 3

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What could be the opportunity cost of a nuclear power station?

2281_w16_qp_12

MCQ

2016

Paper 1, Variant 2

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What could be the opportunity cost of a nuclear power station?

2281_w16_qp_13

MCQ

2016

Paper 1, Variant 3

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A government allowed a building company to construct new houses which destroyed an area designated as an area of natural beauty. Which concepts can be applied to this statement?

2281_w17_qp_12

MCQ

2017

Paper 1, Variant 2

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Sam wrote a list of how he would prefer to spend his Saturday afternoon. first choice go to a cricket match second choice watch the annual town parade third choice go to the cinema fourth choice visit relatives Unfortunately a thunderstorm caused the cricket match and the town parade to be cancelled. Sam went to the cinema. What was the opportunity cost of going to the cinema?

2281_w19_qp_12

MCQ

2019

Paper 1, Variant 2

View

Sam wrote a list of how he would prefer to spend his Saturday afternoon. first choice go to a cricket match second choice watch the annual town parade third choice go to the cinema fourth choice visit relatives Unfortunately a thunderstorm caused the cricket match and the town parade to be cancelled. Sam went to the cinema. What was the opportunity cost of going to the cinema?

2281_w19_qp_13

MCQ

2019

Paper 1, Variant 3

View

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