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Economist speaks about ‘opportunity cost’ when a consumer
Classroom
Economics Classroom
Waec
Waec 2002
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Economist speaks about ‘opportunity cost’ when a consumer
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
He has the change to minimize cost
B
Has to forgo one thing in order to have another
C
Can equate his fix costs with his variable costs
D
Is able to save part of his income
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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