H2 Economics Practice Questions - Singapore-Cambridge GCE A-Level Higher 2 (H2) Economics (Syllabus 9757 9570) Exam

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A student gives up a part-time job paying $400 to attend a revision course costing $250. The opportunity cost of attending the course is best measured as:

$$250 only $$400 only $$650, the sum of fees and forgone wages Zero, because education is an investment

Correct Answer:

$$650, the sum of fees and forgone wages

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