Utme 2019 Economics Question 35

Practice objective / multiple choice question 35 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 35 UTME • 2019 • ECONOMICS • objective

A company's expenditure on raw materials is regarded as

Answer Options

A. average cost
B. implicit cost
Correct Answer C. explicit cost
D. prime cost
Correct Answer
C
Correct Option:
explicit cost

About This Question

This is Utme 2019 Economics Question 35. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Utme 2019 Economics Questions More Utme Practice Questions Back to Questions

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