Post Utme Crawford University 2024 Geography Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Crawford University Geography examination.

Post Utme Crawford University 2024 Geography Objective / Multiple Choice
Question 8 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • GEOGRAPHY • objective

The economic concept of 'opportunity cost' refers to the

Answer Options

Correct Answer A. Maximum Benefit that could have been obtained from an Alternative Course of Action
B. Minimum Cost of a Product
C. Maximum Profit of a Business
D. Minimum Wage of a Worker
Correct Answer
A
Correct Option:
Maximum Benefit that could have been obtained from an Alternative Course of Action

About This Question

This is Post Utme Crawford University 2024 Geography Question 8. It is one of the objective questions from the 2024 Post Utme Crawford University Geography examination.

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