CourseCourseConceptConcept

Edexcel A-Level Business AS 1.3.5 4a Opportunity Cost Questions

Apply opportunity cost by identifying the next-best use of time or finance forgone in a business choice, then explain the benefits that would have come from that alternative.

Syllabus
First assessment 2019
Course
Business XBS11/YBS11
Level
AS

Exam points

  • Identify the next-best use of time forgone by starting a business and explain the lost benefit
  • Explain the alternative use and benefits of finance committed to starting a business

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