Post Utme Pan Atlantic University 2024 Economics Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2024 Economics Objective / Multiple Choice
Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • ECONOMICS • objective

A consumer has a budget of ₦1000 and wants to buy two goods, A and B. The prices of the goods are ₦200 and ₦300 respectively. If the consumer sp\ends all the budget, what is the opportunity \cost of buying one more unit of good A?

Answer Options

A. ₦50
Correct Answer B. ₦100
C. ₦150
D. ₦200
Correct Answer
B
Correct Option:
₦100

About This Question

This is Post Utme Pan Atlantic University 2024 Economics Question 19. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Economics examination.

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