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2 marksCentral Problem of Economics

CAPE Economics Unit 1 · 2005 · Paper 1 · Question 1(c)

Susan spends two hours answering emails instead of studying for her Economics exam.

Identify the opportunity cost of choosing to read email messages rather than studying, and briefly explain your reasoning.

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Other parts of this question

  1. 1(a)State ONE reason why making economic choices is necessary.[1 mark]
  2. 1(b)State THREE fundamental questions that must be addressed when determining what goods and services to produce.[3 marks]

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