Economics 9708 · AS & A Level · Scarcity, choice and opportunity cost

Scarcity, choice and opportunity cost — practice question

Farmers aim to harvest wild honey from beehives. They locate the beehives by tracking birds called honeyguide birds, which are attracted by the beeswax that is also present in the beehives. What does this suggest?

  • AFarmers and honeyguide birds are rival consumers.
  • BWild honey and beeswax are free goods.
  • CWild honey and beeswax are in joint supply.
  • DWild honey is the opportunity cost of beeswax.

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