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Economics · Oct / Nov 2025 · Paper 12 · Question 2

2281Opportunity cost

Which term describes the loss of potential benefit to a consumer when making a choice between alternatives?

  1. Aopportunity cost
  2. Bscarcity
  3. Cshortage
  4. Dthe economic problem

As printed in the paper

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Correct answer: A. opportunity cost

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