O-LevelEconomicsThe basic economic problem2281/11 · Oct/Nov 2011 · Q31 Mark
The diagram shows the choices for an individual between leisure and earnings. What is the opportunity cost to the individual of the extra earnings when moving from position X to position Y?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
A$20
B$80
C4 hours of leisure per day
D8 hours of leisure per day
✓ Correct answer
C: 4 hours of leisure per day
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