Gce Model Questions Vol1 2018 Economics Question 7
Practice objective / multiple choice question 7 from the 2018 Gce Model Questions Vol1 Economics examination.
An economy can produce only two goods, cars and wheat. On its production possibilities frontier the following two points are observed: Point A: 10 cars and 2000 units of wheat. Point B: 15 cars and 1500 units of wheat. What is the opportunity cost, in units of wheat, of producing one additional car when moving from point A to point B?
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About This Question
This is Gce Model Questions Vol1 2018 Economics Question 7. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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