Post Utme Al Hikmah University 2023 Economics Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2023 Economics Objective / Multiple Choice
Question 35 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • ECONOMICS • objective

The concept of scarcity is closely related to the idea of

Answer Options

Correct Answer A. Opportunity Cost
B. Diminishing Returns
C. Law of Supply
D. Law of Demand
Correct Answer
A
Correct Option:
Opportunity Cost

About This Question

This is Post Utme Al Hikmah University 2023 Economics Question 35. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Economics examination.

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