Waec Model Questions Vol1 2022 Economics Question 49

Practice objective / multiple choice question 49 from the 2022 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2022 Economics Objective / Multiple Choice Easy Difficulty
Question 49 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • ECONOMICS • objective

A student can earn ₦5,000 per week tutoring. By spending a week studying, the student expects to increase future annual earnings by ₦12,000. If the student tutors for 4 weeks, what is the opportunity cost per week of tutoring in terms of foregone future earnings?

Answer Options

A. 215.38
B. 260
Correct Answer C. 230.77
D. 250
Correct Answer
C
Correct Option:
230.77

About This Question

This is Waec Model Questions Vol1 2022 Economics Question 49. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.

Difficulty level: Easy .

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