A consumer with $10 needs a dress, a pair of shoes, a handbag and jewelry

ECONOMICS
WAEC 2021

A consumer with $10 needs a dress, a pair of shoes, a handbag and jewelry costing $20, $10, $7 and $3 respectively. The opportunity cost of buying the pair of shoes Is the________

  • A. Dress.
  • B. Jewelry.
  • C. Handbag and Jewelry.
  • D. Dress and Jewelry

Correct Answer: C. Handbag and Jewelry.



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