Post Utme Lead City University 2020 Commerce Question 45

Practice objective / multiple choice question 45 from the 2020 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2020 Commerce Objective / Multiple Choice
Question 45 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • COMMERCE • objective

The concept of opportunity cost is related to the idea that the next best alternative that is given up when a choice is made is the

Answer Options

Correct Answer A. Opportunity cost
B. Marginal cost
C. Average cost
D. Sunk cost
Correct Answer
A
Correct Option:
Opportunity cost

About This Question

This is Post Utme Lead City University 2020 Commerce Question 45. It is one of the objective questions from the 2020 Post Utme Lead City University Commerce 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