Post Utme Bells University 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Bells University Economics examination.

Post Utme Bells University 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2021 • ECONOMICS • objective

A consumer has a budget of ₦500 and faces the following prices for two goods: Good X \costs ₦100 and Good Y \costs ₦200. If the consumer buys 2 units of Good X, what is the opportunity \cost of buying 1 unit of Good Y?

Answer Options

A. ₦50
Correct Answer B. ₦100
C. ₦150
D. ₦200
Correct Answer
B
Correct Option:
₦100

About This Question

This is Post Utme Bells University 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Bells University Economics examination.

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