Economics · May / June 2026 · Paper 12 · Question 3
2281Opportunity cost
The diagram shows the choices for an individual between leisure and earnings. The person decides to take a job that gives more leisure time. What is the opportunity cost to the individual of moving from position Y to position X?
- A$20
- B$80
- Cfour hours of leisure per day
- D12 hours of leisure per day
As printed in the paper
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Correct answer: A. $20
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