Post Utme Elizade University 2021 Economics Question 28
Practice objective / multiple choice question 28 from the 2021 Post Utme Elizade University Economics examination.
A consumer has a budget of ₦100 and faces the following prices: Q1 = ₦10, Q2 = ₦20, Q3 = ₦30. If the consumer chooses to buy 2 units of Q1, 1 unit of Q2, and 1 unit of Q3, what is the opportunity \cost of buying 1 more unit of Q2?
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About This Question
This is Post Utme Elizade University 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.
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