Post Utme Bells University 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Bells University Economics examination.

Post Utme Bells University 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_BELLS_UNIVERSITY • 2017 • ECONOMICS • objective

A farmer produces wheat and maize on a 100-hectare farm. The marginal product of wheat is 20 units per hectare and the marginal product of maize is 15 units per hectare. If the farmer allocates 60 hectares to wheat and 40 hectares to maize, what is the farmer's total output?

Answer Options

A. 2000 units of wheat and 1500 units of maize
B. 2500 units of wheat and 2000 units of maize
Correct Answer C. 3000 units of wheat and 2500 units of maize
D. 3500 units of wheat and 3000 units of maize
Correct Answer
C
Correct Option:
3000 units of wheat and 2500 units of maize

About This Question

This is Post Utme Bells University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Bells University Economics examination.

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