Neco Model Questions Vol1 2017 Economics Question 8
Practice objective / multiple choice question 8 from the 2017 Neco Model Questions Vol1 Economics examination.
A country can produce either 1,200 tonnes of wheat or 800 tonnes of rice if it uses all its resources. If the country decides to produce 600 tonnes of wheat, what is the maximum amount of rice it can produce? Also state the opportunity cost of producing one additional tonne of wheat in terms of rice.
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About This Question
This is Neco Model Questions Vol1 2017 Economics Question 8. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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