Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

A person prepares sandwiches at home for five hours every day. She produces $20$ sandwiches per hour, and each sandwich is sold for $\$2$. What is the opportunity cost if she chooses to go on holiday on a day when she would normally work?

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

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