Post Utme Rsu 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Rsu Economics examination.

Post Utme Rsu 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_RSU • 2020 • ECONOMICS • objective

A firm produces two goods, A and B. The production of good A requires 2 units of labor and 1 unit of capital, while the production of good B requires 1 unit of labor and 2 units of capital. If the firm has 10 units of labor and 15 units of capital, what is the opportunity \cost of producing 5 units of good A?

Answer Options

A. 5 units of good B
B. 10 units of good B
Correct Answer C. 15 units of good B
D. 20 units of good B
Correct Answer
C
Correct Option:
15 units of good B

About This Question

This is Post Utme Rsu 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Rsu Economics examination.

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