Post Utme Osustech 2023 Economics Question 6
Practice objective / multiple choice question 6 from the 2023 Post Utme Osustech Economics examination.
A firm operating in a perfectly competitive market is faced with a downward-sloping demand curve. If the firm increases its output from 100 units to 120 units, and the price falls from ₦100 to ₦90, what is the opportunity \cost of producing the additional 20 units?
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About This Question
This is Post Utme Osustech 2023 Economics Question 6. It is one of the objective questions from the 2023 Post Utme Osustech Economics examination.
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