Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

A person prepares sandwiches at home for five hours each day. She produces $20$ sandwiches per hour, and each sandwich is sold for $\$2$. What is the opportunity cost if she goes on holiday on a working day?

  • A$\$2$
  • B$\$40$
  • C20 sandwiches
  • D100 sandwiches

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI