Post Utme Ims U 2018 Geography Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Ims U Geography examination.

Post Utme Ims U 2018 Geography Objective / Multiple Choice
Question 35 POST_UTME_IMS_U • 2018 • GEOGRAPHY • objective

The economic concept of opportunity cost refers to

Answer Options

A. The cost of producing a good or service
Correct Answer B. The cost of not producing a good or service
C. The cost of consuming a good or service
D. The cost of trading a good or service
Correct Answer
B
Correct Option:
The cost of not producing a good or service

About This Question

This is Post Utme Ims U 2018 Geography Question 35. It is one of the objective questions from the 2018 Post Utme Ims U Geography examination.

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