Economics > 2002 > 12
WASSCE
Economics speak about 'opportunity cost' when a consumer
A.
has the chance to minimize costs
B.
has to forgo one thing in order to have another
C.
can equate his fixed costs with his variable cost
D.
is able to save part of his income
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.
09037778195