Question 0

Use the table below to answer the question below;

The international production set for Nigeria and Austria is;

Products Nigeria Austria
Cocoa 20 tonnes 12 tonnes
Lace 1o metres 8 metres

 

The Opportunity cost ratio tor cocoa and lace Tor Austria and Nigeria is_______

  • A.1.5:2
  • B.2:2
  • C.2:1.5
  • D.0.5:1.5
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2021
Question no.
#0
Type
Objective

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