Post Utme Oau 2019 Economics Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Oau Economics examination.

Post Utme Oau 2019 Economics Objective / Multiple Choice
Question 2 POST_UTME_OAU • 2019 • ECONOMICS • objective

A farmer in Nigeria has 100 hectares of land to cultivate crops. If the opportunity \cost of cultivating maize is ₦200,000 per hectare and the opportunity \cost of cultivating rice is ₦250,000 per hectare, what is the opportunity \cost of cultivating both maize and rice on the 100 hectares of land?

Answer Options

A. ₦25,000,000
Correct Answer B. ₦30,000,000
C. ₦35,000,000
D. ₦40,000,000
Correct Answer
B
Correct Option:
₦30,000,000

About This Question

This is Post Utme Oau 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Oau Economics examination.

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