Question 66
MediumOriginal questionWhich of these has an opportunity cost of zero?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Idle land produces nothing now, so using it gives up nothing.
Each of the others gives up a real alternative.
- Concept
- Zero opportunity cost
- Typical timeTypical
- 70 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Central Problems & the PPC, at your own pace.