Post Utme Caleb University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Good X \costs ₦200 per unit and Good Y \costs ₦300 per unit. If the consumer sp\ends all of their budget on the two goods, what is the opportunity \cost of buying one more unit of Good X?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Caleb University 2025 Economics Question 23. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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