Post Utme Redeemers University 2018 Commerce Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2018 Commerce Objective / Multiple Choice
Question 7 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • COMMERCE • objective

A company has the following budget constraint: 2X + 3Y = 12. If the price of X is ₦2 and the price of Y is ₦3, what is the opportunity cost of producing one more unit of X?

Answer Options

A. ₦1
Correct Answer B. ₦2
C. ₦3
D. ₦4
Correct Answer
B
Correct Option:
₦2

About This Question

This is Post Utme Redeemers University 2018 Commerce Question 7. It is one of the objective questions from the 2018 Post Utme Redeemers University Commerce examination.

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