Neco Model Questions Vol1 2025 Economics Question 22
Practice objective / multiple choice question 22 from the 2025 Neco Model Questions Vol1 Economics examination.
A farmer can use his land and labour to produce either 10 tonnes of rice or 5 tonnes of cassava. If he devotes all his resources to rice, he produces 10 tonnes; if he devotes them to cassava, he produces 5 tonnes. What is the opportunity cost of producing one tonne of rice in terms of cassava?
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About This Question
This is Neco Model Questions Vol1 2025 Economics Question 22. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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