Post Utme Ui 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Ui Economics examination.

Post Utme Ui 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_UI • 2025 • ECONOMICS • objective

A consumer has a budget constraint of $100 and a preference for two goods: X and Y. The prices of X and Y are $20 and $30, respectively. If the consumer sp\ends the entire budget on good X, what is the opportunity \cost of good Y?

Answer Options

A. $10
Correct Answer B. $20
C. $30
D. $40
Correct Answer
B
Correct Option:
$20

About This Question

This is Post Utme Ui 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Ui Economics examination.

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