Post Utme Osustech 2017 Commerce Question 27
Practice objective / multiple choice question 27 from the 2017 Post Utme Osustech Commerce examination.
A consumer has a budget of ₦10,000 and is considering purchasing two different products. Product A costs ₦3,000 and Product B costs ₦4,000. If the consumer spends all of their budget, what is the opportunity cost of purchasing Product B?
Answer Options
About This Question
This is Post Utme Osustech 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.