Post Utme Afe Babalola University 2024 Commerce Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2024 Commerce Objective / Multiple Choice
Question 11 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

The following diagram represents a production possibility frontier for a firm that produces two goods, X and Y. What is the opportunity cost of producing one more unit of good X?

Answer Options

A. 1 unit of good Y
Correct Answer B. 2 units of good Y
C. 3 units of good Y
D. 4 units of good Y
Correct Answer
B
Correct Option:
2 units of good Y

About This Question

This is Post Utme Afe Babalola University 2024 Commerce Question 11. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Commerce examination.

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