MATSEC IM Economics Practice Questions - Malta Intermediate Matriculation (IM) Economics - IM 08 (2026) Exam

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A student spends three hours revising economics instead of working a part-time job paying €8 per hour. What is the opportunity cost of the revision?

€8, the hourly wage rate €24 of foregone wages The grade achieved in economics Zero, because revision improves future income

Correct Answer:

€24 of foregone wages

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