Economics (AS & A Level) · Oct / Nov 2025 · Paper 13 · Question 3
9708Scarcity, choice and opportunity cost
What would be an opportunity cost of growth in an economy?
- Athe faster growth of services than of manufacturing
- Bthe need for an increased level of imported raw materials
- Cthe need for greater government intervention
- Dthe reduction of consumption if growth requires investment
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Correct answer: D. the reduction of consumption if growth requires investment
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