Economics JAMB

A student has N30.00 with which to buy a ruler costing N18.00 and an exercise book costing N25.00. If he buys the exercise book; his opportunity cost is?

A. the ruler
B. the exercise book
C. N25.00
D. 18.00

Correct Answer:

Option A – the ruler

Sunday

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Tags: economics
5 years ago

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