Economics 0455 · IGCSE · Opportunity cost

Opportunity cost — practice question

A power plant is constructed to supply electricity to a rural part of Botswana. What is the opportunity cost for the local economy of constructing the plant?

  • Athe cost of the building materials
  • Bthe price of electricity
  • Cthe school which was not built as a result
  • Dthe wages of the power plant workers

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