Post Utme Skyline University 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ECONOMICS • objective

A farmer has 100 hectares of land to cultivate two crops, A and B. Crop A requires 2 hectares of land and yields ₦10,000 per hectare, while crop B requires 3 hectares of land and yields ₦15,000 per hectare. What is the optimal combination of crops A and B that maximizes revenue?

Answer Options

A. Crop A: 50 hectares, Crop B: 50 hectares
Correct Answer B. Crop A: 60 hectares, Crop B: 40 hectares
C. Crop A: 70 hectares, Crop B: 30 hectares
D. Crop A: 80 hectares, Crop B: 20 hectares
Correct Answer
B
Correct Option:
Crop A: 60 hectares, Crop B: 40 hectares

About This Question

This is Post Utme Skyline University 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Skyline University Economics examination.

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