Post Utme Aaua 2017 Economics Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 20 POST_UTME_AAUA • 2017 • ECONOMICS • objective

The government of Nigeria has introduced a new agricultural policy aimed at increa\sing food production. The policy includes a subsidy of ₦50,000 per hectare for farmers who produce maize. If the government allocates ₦1 billion for the subsidy, how many hectares of maize can be produced?

Answer Options

A. 20,000 hectares
Correct Answer B. 50,000 hectares
C. 100,000 hectares
D. 200,000 hectares
Correct Answer
B
Correct Option:
50,000 hectares

About This Question

This is Post Utme Aaua 2017 Economics Question 20. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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