Neco Model Questions Vol1 2021 Economics Question 6
Practice objective / multiple choice question 6 from the 2021 Neco Model Questions Vol1 Economics examination.
A farmer can use his land and labour to produce either 100 kg of rice or 50 kg of beans. If he decides to produce 60 kg of rice, how many kilograms of beans does he forgo as the opportunity cost?
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About This Question
This is Neco Model Questions Vol1 2021 Economics Question 6. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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