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Monday, 15 June 2026
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Which type of cost is most relevant to future choices?

Which type of cost is most relevant to future choices?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Historical fixed expense
  • B Opportunity production cost
  • C Past transportation charge
  • D Sunk accounting cost
Correct Answer: Option B
Explanation:
Opportunity cost focuses on future alternatives and helps decision makers choose wisely.

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