Post Utme Igbinedion University 2022 Economics Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Igbinedion University Economics examination.
A farmer in Nigeria has 100 hectares of land to cultivate crops. The opportunity \cost of cultivating maize is ₦50,000 per hectare, while the opportunity \cost of cultivating yams is ₦60,000 per hectare. If the farmer wants to maximize profits, how many hectares of land should be allocated to maize?
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About This Question
This is Post Utme Igbinedion University 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Igbinedion University Economics examination.
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