Neco 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Neco Economics examination.

Neco 2023 Economics Objective / Multiple Choice Easy Difficulty
Question 10 NECO • 2023 • ECONOMICS • objective

A student can either study economics for 4 hours and receive a scholarship of \(\$200\), or work part‑time earning \(\$15\) per hour. If she chooses to study, what is the monetary opportunity cost of the study time?

Answer Options

A. $30
Correct Answer B. $60
C. $75
D. $45
Correct Answer
B
Correct Option:
$60

About This Question

This is Neco 2023 Economics Question 10. It is one of the objective questions from the 2023 Neco Economics examination.

Difficulty level: Easy .

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