Post Utme Crawford University 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ECONOMICS • objective

A country's production possibilities frontier (PPF) is given by the equation Y = 100 - 2X, where Y is the quantity of good Y produced and X is the quantity of good X produced. If the country's opportunity \cost of producing good Y is 2 units of good X per unit of good Y, and the country's initial production point is at (20, 80), what is the country's new production point if it decides to produce 10 more units of good X?

Answer Options

Correct Answer A. (30, 70)
B. (20, 90)
C. (40, 60)
D. (50, 50)
Correct Answer
A
Correct Option:
(30, 70)

About This Question

This is Post Utme Crawford University 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Crawford University Economics examination.

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