Post Utme Bsu 2023 Economics Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 31 POST_UTME_BSU • 2023 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Q1 = ₦200 and Q2 = ₦300. If the consumer buys 5 units of Q1, what is the opportunity \cost of buying one more unit of Q2?

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 Bsu 2023 Economics Question 31. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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