Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

The table gives the highest possible output of goods and services for a country. At first, the country made only goods, but it now produces $20$ million units of services. The country still operates at its maximum production possibility. What is the opportunity cost for this country?

  • A$20$ million units of goods
  • B$100$ million units of goods
  • C$20$ million units of services
  • Dzero

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