Post Utme Unn 2019 Commerce Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Unn Commerce examination.

Post Utme Unn 2019 Commerce Objective / Multiple Choice
Question 19 POST_UTME_UNN • 2019 • COMMERCE • objective

The concept of opportunity cost is based on the idea that the cost of producing one good is the?

Answer Options

Correct Answer A. Opportunity cost
B. Marginal cost
C. Average cost
D. Sunk cost
Correct Answer
A
Correct Option:
Opportunity cost

About This Question

This is Post Utme Unn 2019 Commerce Question 19. It is one of the objective questions from the 2019 Post Utme Unn Commerce examination.

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