Post Utme Covenant University 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_COVENANT_UNIVERSITY • 2022 • ECONOMICS • objective

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

Answer Options

Correct Answer A. 1200 units of wheat and 600 units of corn
B. 1000 units of wheat and 800 units of corn
C. 800 units of wheat and 1200 units of corn
D. 600 units of wheat and 1000 units of corn
Correct Answer
A
Correct Option:
1200 units of wheat and 600 units of corn

About This Question

This is Post Utme Covenant University 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.

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