Post Utme Ims U 2020 Commerce Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 26 POST_UTME_IMS_U • 2020 • COMMERCE • objective

A firm's decision to invest in a new project is influenced by the opportunity cost of the resources required for the project. Which of the following is an example of an opportunity cost?

Answer Options

A. The cost of the resources required for the project
B. The revenue generated by the project
Correct Answer C. The opportunity cost of the resources required for the project
D. The cost of the project's failure
Correct Answer
C
Correct Option:
The opportunity cost of the resources required for the project

About This Question

This is Post Utme Ims U 2020 Commerce Question 26. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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