Post Utme Ui 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Ui Commerce examination.

Post Utme Ui 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_UI • 2019 • COMMERCE • objective

The diagram below shows a firm's production possibilities frontier. If the firm decides to produce more of good X, it will have to

Answer Options

Correct Answer A. produce less of good Y
B. produce more of good Y
C. remain at the same level of production
D. increase the price of good X
Correct Answer
A
Correct Option:
produce less of good Y

About This Question

This is Post Utme Ui 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Ui Commerce examination.

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