Answers>Economics>A Level>Article

What is the opportunity cost of a good?

The quantity of other goods sacrificed to get another unit of that good.

GW
Answered by George W. • Economics tutor

5777 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What is the basic economic problem?

Answered by Thomas K.

What is an inferior good

Answered by Daisy H.

With the help of a diagram, explain why a trade-off between price stability and low unemployment might occur. (9 marks)

Answered by

What are barriers to entry?

Answered by Kathryn C.

We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

Company Information

CareersBlogSubject answersBecome a tutorSchoolsSafeguarding policyFAQsUsing the Online Lesson SpaceTestimonials & pressSitemapTerms & ConditionsPrivacy PolicyGender Pay Gap Reporting

Popular Requests

Maths tutorChemistry tutorPhysics tutorBiology tutorEnglish tutorGCSE tutorsA level tutorsIB tutorsPhysics & Maths tutorsChemistry & Maths tutorsGCSE Maths tutors
CEOP logo
CLICK CEOP

Internet Safety

Sagepay logo

Payment Security

Cyber Essentials logo

Cyber

Essentials

MyTutor is part of the IXL family of brands:

IXL

Comprehensive K-12 personalized learning

Rosetta Stone

Immersive learning for 25 languages

Wyzant

Trusted tutors for 300 subjects

Education.com

35,000 worksheets, games, and lesson plans

Vocabulary.com

Adaptive learning for English vocabulary

Emmersion

Fast and accurate language certification

Thesaurus.com

Essential reference for synonyms and antonyms

Dictionary.com

Comprehensive resource for word definitions and usage

SpanishDictionary.com

Spanish-English dictionary, translator, and learning resources

FrenchDictionary.com

French-English dictionary, translator, and learning

Ingles.com

Diccionario ingles-espanol, traductor y sitio de apremdizaje

ABCya

Fun educational games for kids

© 2026 by IXL Learning