Post Utme Achievers University 2019 Economics Question 30
Practice objective / multiple choice question 30 from the 2019 Post Utme Achievers University Economics examination.
A firm has a budget constraint of 100 units of labor and 50 units of capital. If the price of labor is ₦50 and the price of capital is ₦100, what is the opportunity \cost of labor?
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About This Question
This is Post Utme Achievers University 2019 Economics Question 30. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.
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