Post Utme Futo 2021 Economics Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Futo Economics examination.

Post Utme Futo 2021 Economics Objective / Multiple Choice
Question 37 POST_UTME_FUTO • 2021 • ECONOMICS • objective
Post Utme Futo 2021 Economics Question 37 diagram

The following table shows the production possibilities frontier (PPF) for a country:

Answer Options

Correct Answer A. Opportunity \cost of producing 100 units of good X is 50 units of good Y.
B. Opportunity \cost of producing 50 units of good X is 100 units of good Y.
C. Opportunity \cost of producing 200 units of good X is 200 units of good Y.
D. Opportunity \cost of producing 150 units of good X is 150 units of good Y.
Correct Answer
A
Correct Option:
Opportunity \cost of producing 100 units of good X is 50 units of good Y.

About This Question

This is Post Utme Futo 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.

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