Post Utme Covenant University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_COVENANT_UNIVERSITY • 2025 • ECONOMICS • objective
Post Utme Covenant University 2025 Economics Question 37 diagram

The production possibilities curve (PPC) is a graphical representation of the trade-offs between two goods. If a country is operating on the PPC, what is the opportunity \cost of producing more of one good?

Answer Options

A. The \cost of producing the alternative good
Correct Answer B. The \cost of not producing the alternative good
C. The \cost of producing the chosen good
D. The \cost of not producing the chosen good
Correct Answer
B
Correct Option:
The \cost of not producing the alternative good

About This Question

This is Post Utme Covenant University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Covenant University Economics examination.

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