Post Utme Futa 2017 Economics Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Futa Economics examination.

Post Utme Futa 2017 Economics Objective / Multiple Choice
Question 16 POST_UTME_FUTA • 2017 • ECONOMICS • objective

The opportunity \cost of producing an additional unit of a good is the value of the next best alternative that is given up. If the opportunity \cost of producing an additional unit of a good is ₦100, what is the opportunity \cost of producing 5 additional units of the good?

Answer Options

Correct Answer A. ₦500
B. ₦200
C. ₦50
D. ₦10
Correct Answer
A
Correct Option:
₦500

About This Question

This is Post Utme Futa 2017 Economics Question 16. It is one of the objective questions from the 2017 Post Utme Futa Economics examination.

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