Post Utme Wellspring University 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_WELLSPRING_UNIVERSITY • 2021 • ECONOMICS • objective

A firm is considering two production processes: Process A, which \costs ₦100 per unit, and Process B, which \costs ₦120 per unit. If the firm produces 100 units, what is the opportunity \cost of u\sing Process B?

Answer Options

A. ₦1,000
B. ₦2,000
Correct Answer C. ₦3,000
D. ₦4,000
Correct Answer
C
Correct Option:
₦3,000

About This Question

This is Post Utme Wellspring University 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Wellspring University Economics examination.

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