Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

The diagram illustrates the options open to an individual between leisure and earnings. He currently earns $25$ a day. What is the opportunity cost for the person if he works more and earns $75$ a day?

  • A$25$
  • B$50$
  • C6 hours of leisure a day
  • D12 hours of leisure a day

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