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Economics · May / June 2019 · Paper 11 · Question 3

2281Opportunity cost

In recent years more golf courses, which use large quantities of water, have opened in China. What may be the opportunity cost of this?

  1. Acost of water
  2. Bloss of farmland
  3. Csales of golf equipment
  4. Dwages of golf course staff

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Correct answer: B. loss of farmland

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