Neco Model Questions Vol1 2024 Economics Question 25
Practice objective / multiple choice question 25 from the 2024 Neco Model Questions Vol1 Economics examination.
A farmer has a 5‑hectare plot that can be used either for maize or for beans. Maize yields 4 tonnes per hectare and beans yield 2.5 tonnes per hectare. The market price of maize is \(\text{₦}150\) per kilogram and that of beans is \(\text{₦}200\) per kilogram. What is the opportunity cost, in kilograms of beans, of planting maize on one hectare?
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This is Neco Model Questions Vol1 2024 Economics Question 25. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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