Post Utme Unn 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_UNN • 2022 • ECONOMICS • objective

A consumer's budget constraint is given by the equation I + C = 100, where I is the amount spent on imports and C is the amount spent on consumption. If the consumer sp\ends ₦50 on imports and ₦30 on consumption, what is the opportunity \cost of increa\sing imports by ₦10?

Answer Options

A. +₦5
Correct Answer B. +₦10
C. +₦15
D. +₦20
Correct Answer
B
Correct Option:
+₦10

About This Question

This is Post Utme Unn 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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