Post Utme Bowen University 2019 Commerce Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 38 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

The concept of comparative advantage suggests that a country should specialize in producing goods for which it has a lower opportunity

Answer Options

A. cost
B. price
Correct Answer C. opportunity cost
D. sunk cost
Correct Answer
C
Correct Option:
opportunity cost

About This Question

This is Post Utme Bowen University 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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