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

Scarcity, choice and opportunity cost — practice question

A student decides to pursue a degree in engineering at university instead of accepting a position as an apprentice engineer. The apprenticeship takes five years and includes training while working. What would reduce the opportunity cost of making this decision?

  • Aa decrease in the wages paid to apprentice engineers
  • Ba decrease in the number of students studying engineering degrees
  • Ca decrease in the number of top grade engineering degrees awarded
  • Da decrease in the length of an engineering apprenticeship to four years

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