Post Utme Bowen University 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice

Question 38 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

The concept of 'opportunity cost' is closely related to which of the following?

Answer Options

A. Consumer surplus

B. Producer surplus

Correct Answer C. Opportunity cost

D. Deadweight loss

Correct Answer

Correct Option:

Opportunity cost

About This Question

This is Post Utme Bowen University 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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