← all questions · Business · 9609 · Paper 2 variant 2
Office Furniture Designs (OFD)
Markus is an entrepreneur planning to set up a private limited company called OFD, an online retailer of office furniture. Markus will have limited start-up funds and will have to think carefully about opportunity cost.
Explain the term opportunity cost.
9609/22/M/J/23Cambridge International AS & A Level Business 9609 · May/June 2023 · Paper 2 variant 2 · Question 1(a)(ii)
Your answer
Suggested time: 5 min