Economics (AS & A Level) · May / June 2023 · Paper 13 · Question 2
9708Scarcity, choice and opportunity cost
A government decides that all non-essential businesses must close for three months due to a disease pandemic. What is an opportunity cost of this policy?
- Aincreased leisure time for employees
- Blives that are saved due to reduced disease levels
- Cthe production of goods by essential businesses
- Dthe loss of goods from the closed businesses
As printed in the paper
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Correct answer: D. the loss of goods from the closed businesses
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