Gce Model Questions Vol1 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2025 Economics Objective / Multiple Choice Easy Difficulty
Question 12 GCE_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

A farmer can produce either 100 bushels of wheat or 50 tonnes of corn with the same resources. If the farmer chooses to produce wheat, what is the opportunity cost of one bushel of wheat in terms of corn?

Answer Options

Correct Answer A. 0.5 tonnes of corn per bushel of wheat
B. 2.0 tonnes of corn per bushel of wheat
C. 0.25 tonnes of corn per bushel of wheat
D. 1.0 tonnes of corn per bushel of wheat
Correct Answer
A
Correct Option:
0.5 tonnes of corn per bushel of wheat

About This Question

This is Gce Model Questions Vol1 2025 Economics Question 12. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Economics examination.

Difficulty level: Easy .

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