Question 0

Production possibilities(alternatives)
P Q R S T
Units of shelter 5 4 3 2 0
Units of food 0 5 9 12 15

Based on the above production possibilities table, the real cost of a unit of food when alternative R is selected is?

  • A.one unit of shelter
  • B.three units of shelter
  • C.one third of a unit of shelter
  • D.six units of shelter
  • E.two units of shelter
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1983
Question no.
#0
Type
Objective

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