Post Utme Aaua 2021 Economics Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Aaua Economics examination.
A consumer has an income of $100 and faces a budget constraint given by \( P_1 x_1 + P_2 x_2 = 100 \). The prices of the two goods are \( P_1 = 20 \) and \( P_2 = 30 \). If the consumer chooses to sp\end all their income on good 1, what is the opportunity \cost of good 2?
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About This Question
This is Post Utme Aaua 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.
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