Post Utme Unilorin 2021 Economics Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2021 Economics Objective / Multiple Choice
Question 14 POST_UTME_UNILORIN • 2021 • ECONOMICS • objective

A consumer's budget constraint is given by 2X + 3Y = 60. What is the opportunity \cost of an additional unit of X?

Answer Options

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

About This Question

This is Post Utme Unilorin 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Unilorin Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support