Post Utme Futa 2020 Commerce Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Futa Commerce examination.

Post Utme Futa 2020 Commerce Objective / Multiple Choice

Question 27 POST_UTME_FUTA • 2020 • COMMERCE • objective

The diagram below shows a production possibility frontier (PPF) for two countries, Country A and Country B. Which of the following statements is true about the PPF?

Correct Answer A. The PPF shows the maximum possible output of good X that Country A can produce, given the resources available.

B. The PPF shows the maximum possible output of good Y that Country B can produce, given the resources available.

C. The PPF shows the opportunity cost of producing good X in Country A.

D. The PPF shows the opportunity cost of producing good Y in Country B.

Correct Answer

Correct Option:

The PPF shows the maximum possible output of good X that Country A can produce, given the resources available.

This is Post Utme Futa 2020 Commerce Question 27. It is one of the objective questions from the 2020 Post Utme Futa Commerce examination.

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