Post Utme Bells University 2024 Economics Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Bells University Economics examination.

Post Utme Bells University 2024 Economics Objective / Multiple Choice
Question 36 POST_UTME_BELLS_UNIVERSITY • 2024 • ECONOMICS • objective

The following table shows the production possibilities frontier for a country:

Answer Options

Correct Answer A. Opportunity Cost of Producing 100 units of Good X is 50 units of Good Y
B. Opportunity Cost of Producing 50 units of Good X is 25 units of Good Y
C. Opportunity Cost of Producing 200 units of Good X is 100 units of Good Y
D. Opportunity Cost of Producing 75 units of Good X is 37.5 units of Good Y
Correct Answer
A
Correct Option:
Opportunity Cost of Producing 100 units of Good X is 50 units of Good Y

About This Question

This is Post Utme Bells University 2024 Economics Question 36. It is one of the objective questions from the 2024 Post Utme Bells University Economics examination.

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