Economics > 2004 > 20

JAMB UTME

Combination Beans (Units) Rice (Units)
K 15 19
L 20 17
M 24 16

The table above shows the combinations of beans and rice that can be purchased by a consumer. The opportunity cost of moving from K to L is

A.
17 units of rice
B.
2 units of rice
C.
20 units of beans
D.
5 units of beans

Answer: B

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