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AP Microeconomics 1.5: Opportunity Cost

Build opportunity-cost reasoning by identifying the next-best alternative, calculating foregone benefits, and explaining why additional choices can become more costly.

Syllabus
Effective Fall 2025
Course
AP Microeconomics

CBA-1.A—a. Define opportunity cost. b. Explain the opportunity costs associated with choices. c. Calculate the opportunity costs… question 1

[Maximum number: 2]

Nirali is a student at the University of Ainsley. She has 5 hours to study for two exams today. The tables below show Nirali's expected scores given the amount of time she studies for each exam.

Table for Question CBA-1.A—a. Define opportunity cost. b. Explain the opportunity costs associated with choices. c. Calculate the opportunity costs… question 1 — AP Microeconomics
Table for Question CBA-1.A—a. Define opportunity cost. b. Explain the opportunity costs associated with choices. c. Calculate the opportunity costs… question 1 — AP Microeconomics

Question (a)

(a)

Calculate Nirali's opportunity cost of the second hour spent studying history.

[ 1 ]

Question (b)

(b)

Assume Nirali increases the time she allocates to studying history. What happens to the opportunity cost of studying history? Explain.

[ 1 ]
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