Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
Mr. Idowu Needs Television And A Refrigerator. Each Cost N500.00, The Exact Amount He Has. If Mr. Idowu Buys The Television, The Refrigerator Would Be Regarded As The - Erudites Academy

Mr. Idowu needs television and a refrigerator. Each cost N500.00, the exact amount he has. If Mr. Idowu buys the television, the refrigerator would be regarded as the

by | Aug 5 | Economics WAEC | 0 comments

A. marginal cost
B. inferior item
C. opportunity cost
D. supplementary item
E. prime cost

Correct Answer:

Option C – opportunity cost

Users Also Read These:

Copyright warnings! Do not copy.