Post Utme Ui 2022 Economics Question 14
Practice objective / multiple choice question 14 from the 2022 Post Utme Ui Economics examination.
A farmer in Nigeria is considering whether to produce maize or yams. The market price of maize is ₦150 per bag, and the market price of yams is ₦200 per bag. If the farmer's opportunity \cost of producing maize is ₦120 per bag, and the opportunity \cost of producing yams is ₦180 per bag, which crop should the farmer produce?
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About This Question
This is Post Utme Ui 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Ui Economics examination.
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