Post Utme Lasu 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Lasu Economics examination.

Post Utme Lasu 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2020 • ECONOMICS • objective

A consumer has a budget constraint of 100 units of currency and two goods, A and B. The prices of A and B are 5 and 3 units respectively. If the consumer sp\ends 80 units on good A, what is the opportunity \cost of good B?

Answer Options

A. 10 units
Correct Answer B. 15 units
C. 20 units
D. 25 units
Correct Answer
B
Correct Option:
15 units

About This Question

This is Post Utme Lasu 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Lasu Economics examination.

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