Post Utme Bowen University 2020 Commerce Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 19 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A company has a budget constraint of ₦100,000 to spend on advertising and promotion. If the cost of advertising is ₦50,000 and the cost of promotion is ₦30,000, what is the opportunity cost of advertising?

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Bowen University 2020 Commerce Question 19. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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