Post Utme Nile University 2017 Economics Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Nile University Economics examination.

Post Utme Nile University 2017 Economics Objective / Multiple Choice
Question 30 POST_UTME_NILE_UNIVERSITY • 2017 • ECONOMICS • objective

The concept of opportunity \cost is central to the study of economics. Which of the following is a correct example of opportunity \cost?

Answer Options

A. The \cost of producing a good
B. The \cost of purcha\sing a good
Correct Answer C. The \cost of not producing a good
D. The \cost of not purcha\sing a good
Correct Answer
C
Correct Option:
The \cost of not producing a good

About This Question

This is Post Utme Nile University 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.

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