Post Utme Osustech 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Osustech Economics examination.

Post Utme Osustech 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_OSUSTECH • 2021 • 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 of their 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 Osustech 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.

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