Post Utme Achievers University 2021 Economics Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2021 Economics Objective / Multiple Choice
Question 20 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: good X at ₦200 and good Y at ₦300. 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

Correct Answer A. ₦100
B. ₦200
C. ₦300
D. ₦400
Correct Answer
A
Correct Option:
₦100

About This Question

This is Post Utme Achievers University 2021 Economics Question 20. It is one of the objective questions from the 2021 Post Utme Achievers University Economics examination.

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