Question 0

Which of the following best describes the concept of opportunity cost?

  • A.a special bargain or scale at below market price
  • B.Cost of input tends to go up as we use more of them
  • C.Goods that are not produced in order to produce more of another good
  • D.A cost that constantly decreases
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1987
Question no.
#0
Type
Objective

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