Post Utme Bowen University 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice

Question 19 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A farmer in Nigeria decides to cultivate a new crop. If the crop is more labor-intensive than the previous crop, what will happen to the opportunity \cost of labor?

Answer Options

Correct Answer A. The opportunity \cost of labor will increase.

B. The opportunity \cost of labor will decrease.

C. The opportunity \cost of labor will remain the same.

D. The opportunity \cost of labor will fluctuate.

Correct Answer

Correct Option:

The opportunity \cost of labor will increase.

About This Question

This is Post Utme Bowen University 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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