Economics Past Questions and Answers

If one orange costs 20k and one kilogram of beef costs N10.00, the opportunity cost of one kilogram of beef is?

If one orange costs 20k and one kilogram of beef costs N10.00, the opportunity cost of one kilogram of beef is?

In economic life, choice among alternatives depends on the?

One of the major advantages of specialization is that?

Which of following rewards is associated with entrepreneurship as a factor of production?