Economics > 2005 > 4
WASSCE
The 150.00 naira which olu would have used to purchase a textbook was used to buy a T-shirt.
A.
Olu's real cost is 15.00 naira
B.
Olu opportuity cost costis the T-shirt he bought
C.
Olu's opportunity cost is the text book
D.
Olu's opportunity cost is the T-shirt he bought
Answer: C
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