Econ Paper 2 Q2 | Hkcee 2010

If it takes effort or resources to make, it has an opportunity cost.

Even if a firm provides a "free" sample, they use resources (labor, materials) that could have been used elsewhere. Therefore, it is an economic good. Why Students Struggled hkcee 2010 econ paper 2 q2

A price of $0 does not mean the cost is $0. If it takes effort or resources to make,

While the exact wording varies across translated versions, Question 2 in the 2010 Paper 2 (Multiple Choice) typically presents a scenario involving a "free" service or product to test the definition of an . Why Students Struggled A price of $0 does

The question likely involved a scenario where more people wanted a good than was available at no cost.

To master this topic for DSE or historical review, focus on these criteria:

Choosing an option that suggested a good becomes "free" because it is provided by the government.