Post Utme Futo 2018 Economics Question 16
Practice objective / multiple choice question 16 from the 2018 Post Utme Futo Economics examination.
Consider a country that imports 80% of its coffee and exports 70% of its coffee beans. If the country's GDP is ₦10 trillion and the price of coffee is ₦500 per ki\logram, what is the opportunity \cost of importing coffee beans?
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About This Question
This is Post Utme Futo 2018 Economics Question 16. It is one of the objective questions from the 2018 Post Utme Futo Economics examination.
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