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A student has N30.00 with which to buy a ruler costing N18.00 and an exercise book ...

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?
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  • A The ruler
  • B The exercise book
  • C N25.00
  • D 18.00
Correct Answer: Option A
Explanation:

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