Post Utme Abu 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Abu Economics examination.

Post Utme Abu 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_ABU • 2019 • ECONOMICS • objective

A consumer in Nigeria has a budget of ₦10,000 to sp\end on two goods, X and Y. The price of good X is ₦5,000 and the price of good Y is ₦3,000. If the consumer sp\ends all of their budget on the two goods, what is the opportunity \cost of buying one more unit of good X?

Answer Options

A. ₦1,000
Correct Answer B. ₦2,000
C. ₦3,000
D. ₦5,000
Correct Answer
B
Correct Option:
₦2,000

About This Question

This is Post Utme Abu 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Abu Economics examination.

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