Post Utme Lautech 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Lautech Economics examination.

Post Utme Lautech 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2017 • ECONOMICS • objective

The concept of opportunity \cost is most closely related to which of the following?

Answer Options

Correct Answer A. Scarcity
B. Choice
C. Utility
D. Inflation
Correct Answer
A
Correct Option:
Scarcity

About This Question

This is Post Utme Lautech 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Lautech Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support