Post Utme Al Hikmah University 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 7 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's opportunity \cost of producing one more unit of a good is the

Answer Options

A. Price of the good
B. Price of the good minus the firm's fixed \costs
Correct Answer C. Price of the good minus the firm's variable \costs
D. Price of the good plus the firm's fixed \costs
Correct Answer
C
Correct Option:
Price of the good minus the firm's variable \costs

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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