Gce Model Questions Vol1 2022 Economics Question 47

Practice objective / multiple choice question 47 from the 2022 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2022 Economics Objective / Multiple Choice Easy Difficulty
Question 47 GCE_MODEL_QUESTIONS_VOL1 • 2022 • ECONOMICS • objective

If a farmer can produce either 10 tonnes of rice or 5 tonnes of wheat with the same resources, what is the opportunity cost of producing one tonne of wheat in terms of rice?

Answer Options

A. 5 tonnes of rice
Correct Answer B. 2 tonnes of rice
C. 3 tonnes of rice
D. 1.5 tonnes of rice
Correct Answer
B
Correct Option:
2 tonnes of rice

About This Question

This is Gce Model Questions Vol1 2022 Economics Question 47. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Economics examination.

Difficulty level: Easy .

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