Post Utme Uniosun 2017 Economics Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2017 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNIOSUN • 2017 • ECONOMICS • objective

A consumer has a budget of ₦1000 to sp\end on two goods, A and B. The price of good A is ₦200 and the price of good B is ₦300. If the consumer sp\ends all the budget on good A, what is the opportunity \cost of buying good B?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Uniosun 2017 Economics Question 13. It is one of the objective questions from the 2017 Post Utme Uniosun Economics examination.

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