Post Utme Rsu 2023 Economics Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Rsu Economics examination.
The opportunity \cost of producing one more unit of a good is the value of the next best alternative that must be given up. If the opportunity \cost of producing one more unit of a good is ₦100, and the price of the good is ₦120, what is the opportunity \cost of producing one more unit of the good in terms of the good itself?
Answer Options
About This Question
This is Post Utme Rsu 2023 Economics Question 29. It is one of the objective questions from the 2023 Post Utme Rsu Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.