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question_answer Discussion Board for a Question on Quiz: Economics (WAEC 2002)

50 Questions · Public · Objective · Quiz suitable for all ages

17 Click Here To Discuss Question

Economist speaks about ‘opportunity cost’ when a consumer

Select 1 Option (1 Mks)
  • he has the change to minimize cost
  • has to forgo one thing in order to have another
  • can equate his fix costs with his variable costs
  • is able to save part of his income
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