A-LevelEconomicsBasic Economic IdeasFeb/Mar 2019Paper 1 Q41 Mark

A student buys a flute for $80 but then is unable to learn to play it. It has a resale value of $50, while the shop retail price of the same type of flute has risen to $95. What is the present opportunity cost to the student of keeping the flute?

Q: What topic does this question test?

This question tests Basic Economic Ideas in A-Level Economics (syllabus code 9708). It is worth 1 mark.

A$30

B$50

C$80

D$95

✓ Correct Answer

The correct answer is B: $50

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Basic Economic Ideas in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Feb/Mar 2019 examination, Paper 1 Variant 2.

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