If one orange costs 20k and one kilogram of beef costs N10.00, the opportunity cost of one kilogram of beef is?

a

50 oranges

b

10 oranges

c

5 oranges

d

9.80

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Discussions (5)

Tubdul07
6 years ago

The opportunity cost of one kilogram of beef is the amount of oranges the cost of one kilogram of beef can buy i.e the amount of oranges that N10.00 can buy.
*One orange cost 20k or 0.20
10.0/0.20 = 50

Mijiro
6 years ago
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Solution

Gbabygifted
12 years ago

i dont really undastand dis question and d answer. Pls i need more explaination on it. Tanx

Arinze henry
10 years ago

20*10

Divide by 2

10*5=50

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