Post Utme Mountain Top University 2024 Economics Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 18 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A consumer has a budget of ₦1000 to sp\end on two goods, X and Y. The price of good X is ₦200 and the price of good Y is ₦300. If the consumer sp\ends all the budget on the two goods, what is the opportunity \cost of buying one more unit of good X?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 18. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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