Neco 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Neco Economics examination.

Neco 2019 Economics Objective / Multiple Choice Easy Difficulty
Question 22 NECO • 2019 • ECONOMICS • objective

An entrepreneur can use a fixed amount of resources to produce either 10 tonnes of rice or 15 tonnes of cassava. What is the opportunity cost of producing one tonne of rice, expressed in tonnes of cassava?

Answer Options

A. 1.0
Correct Answer B. 1.5
C. 2.0
D. 0.75
Correct Answer
B
Correct Option:
1.5

About This Question

This is Neco 2019 Economics Question 22. It is one of the objective questions from the 2019 Neco Economics examination.

Difficulty level: Easy .

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