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O-LevelEconomicsThe basic economic problem2281/12 · May/June 2018 · Q11 Mark

In economics, natural sunlight is classified as a free good. What is the reason for this?

ASunlight is a gift of nature.
BSunlight is a renewable resource.
CThere is no opportunity cost of using sunlight.
DUnlimited amounts of sunlight can be consumed.

✓ Correct answer

C: There is no opportunity cost of using sunlight.

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About this question

Topic
The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2018 Paper 1 Variant 2, question 1.

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