Post Utme Esut 2018 Economics Question 29
Practice objective / multiple choice question 29 from the 2018 Post Utme Esut Economics examination.
A farmer produces wheat and corn on a 100-hectare farm. The marginal product of wheat is 20 units per hectare, and 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 opportunity \cost of producing one more unit of wheat?
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About This Question
This is Post Utme Esut 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.
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