Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

The diagram illustrates the trade-off an individual faces between leisure and earnings. What is the opportunity cost to the individual of the extra earnings gained as they move from position $X$ to position $Y$?

  • A$10
  • B$40
  • C3 hours of leisure per day
  • D9 hours of leisure per day

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