Geography GCSE

Opportunity Cost

What Opportunity Cost means in Geography GCSE, as defined for Pearson Edexcel.

Definition of Opportunity Cost

Check what you remember

Read the wording for your board, then hide it and explain Opportunity Cost in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

Reference: Pearson Edexcel

The loss of other alternatives when one alternative is chosen.

Pearson Edexcel · Changing geopolitics and technology impact on the chosen developing or emerging country (study guide)

Topics that use Opportunity Cost

Changing geopolitics and technology impact on the chosen developing or emerging country (Pearson Edexcel GCSE)

Related terms

Using Opportunity Cost in the exam

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