Post Utme Christopher University 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ECONOMICS • objective

A consumer has a budget of ₦1000 to sp\end on two goods: X and Y. The price of good X is ₦200 and the price of good Y is ₦300. If the consumer sp\ends all their budget on good X, what is the opportunity \cost of buying good Y?

Answer Options

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

About This Question

This is Post Utme Christopher University 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.

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