Answers>Economics>A Level>Article

Explain the meaning of opportunity cost?

The benefits foregone of the next best alternative.

AO
Answered by Alessio O. • Economics tutor

1900 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain how government policies can reduce the natural rate of unemployment

Answered by Joshua R.

What is protectionism?

Answered by Kathryn C.

Explain the short run shutdown point for a firm.

Answered by Tutor110053 D.

The government has introduced an ad valorem tax on petrol. The likely effect is: A) Increase in sales of petrol B) Increase in carbon emissions from electric cars C) Increase in demand for bus travel D) Decrease in sale of electric cars

Answered by Binal P.

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 & pressSitemap

Popular Requests

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

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
CEOP logo
CLICK CEOP

Internet Safety

Sagepay logo

Payment Security

Cyber Essentials logo

Cyber

Essentials

Cookie Preferences