Post Utme Greenfield University 2020 Geography Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Greenfield University Geography examination.

Post Utme Greenfield University 2020 Geography Objective / Multiple Choice
Question 19 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • GEOGRAPHY • objective

A farmer is considering using a new type of fertilizer that is more expensive than the one they currently use. Which of the following economic concepts would be most relevant to the farmer's decision?

Answer Options

Correct Answer A. Opportunity cost
B. Diminishing marginal utility
C. Economies of scale
D. Law of supply and demand
Correct Answer
A
Correct Option:
Opportunity cost

About This Question

This is Post Utme Greenfield University 2020 Geography Question 19. It is one of the objective questions from the 2020 Post Utme Greenfield University Geography examination.

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