Post Utme Igbinedion University 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2024 Commerce Objective / Multiple Choice
Question 12 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • COMMERCE • objective

The diagram below represents a production function. If the firm is producing at point A, what is the opportunity cost of producing one more unit of output?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦500
D. ₦1000
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Igbinedion University 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.

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