A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2020 · Q21 Mark

A worker earns $40 per hour. Rather than work, she decides to visit a museum for three hours. The visit costs a total of $40. What is the opportunity cost of visiting the museum?

A$40

B$80

C$120

D$160

✓ Correct answer

C: $120

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Topic: Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2020 Paper 1 Variant 2, question 2.

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