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

Scarcity, choice and opportunity cost — practice question

A doctor works very long hours and experiences a high level of stress. She could become a teacher rather than stay in medicine. What is the opportunity cost of deciding to remain a doctor?

  • Athe risk of mistakes caused by tiredness
  • Bthe possible costs of illness caused by high stress levels
  • Cthe potential salary as a teacher
  • Dthe retraining costs of becoming a teacher

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