Post Utme Crawford University 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2021 Economics Objective / Multiple Choice

Question 32 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ECONOMICS • objective

The opportunity \cost of a choice is the value of the next best alternative that is given up when a choice is made.

Answer Options

Correct Answer A. True

B. False

C. It dep\ends on the market structure

D. It dep\ends on the consumer's preferences

Correct Answer

Correct Option:

True

About This Question

This is Post Utme Crawford University 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Crawford University Economics examination.

View More Post Utme Crawford University 2021 Economics Questions More Post Utme Crawford University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support