The question asks about the characteristics of a firm.
Since the HKCEE (Hong Kong Certificate of Education Examination) was replaced by the HKDSE, this specific exam (2010) is often considered a classic reference for its difficulty and the shift toward analytical multiple-choice questions. hkcee 2010 econ paper 2 q2
The marking scheme for this question would have assessed the candidate's ability to: The question asks about the characteristics of a firm
Because the highest-valued option forgone has increased in value, the opportunity cost of attending the tutorial increases . Common Pitfalls and Examiner Insights hkcee 2010 econ paper 2 q2
Many students mistakenly add the values of all alternative options together. Examiners explicitly look for the phrase "highest-valued option" to award full marks.