Post Utme Babcock University 2025 Commerce Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A consumer is considering purchasing a product that has a price of ₦500 and a quality rating of 8/10. However, the consumer has a budget constraint of ₦300. What is the opportunity cost of purchasing this product?

Answer Options

Correct Answer A. ₦200
B. ₦300
C. ₦400
D. ₦500
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Babcock University 2025 Commerce Question 8. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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