Neco Model Questions Vol1 2022 Economics Question 25
Practice objective / multiple choice question 25 from the 2022 Neco Model Questions Vol1 Economics examination.
In an economy that can allocate all its resources to produce either wheat or cloth, the maximum attainable output is 100 units of wheat or 200 units of cloth. What is the opportunity cost of producing one unit of wheat in terms of cloth?
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About This Question
This is Neco Model Questions Vol1 2022 Economics Question 25. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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