O-LevelEconomicsThe basic economic problem2281/12 · Oct/Nov 2021 · Q21 Mark
What is an opportunity cost for a consumer spending money on a holiday?
Athe potential interest earned if the holiday money had been saved
Bthe price paid for an air ticket to the holiday destination
Cthe rubbish created during the holiday which affects the local community
Dthe satisfaction that the consumer gains from the holiday
✓ Correct answer
A: the potential interest earned if the holiday money had been saved
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