Post Utme Achievers University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ECONOMICS • objective

A government wants to increase the production of wheat in a country. It imposes a subsidy of ₦5 per ki\logram on wheat farmers. What is the effect on the supply curve of wheat?

Answer Options

A. The supply curve shifts to the left.
Correct Answer B. The supply curve shifts to the right.
C. The supply curve remains unchanged.
D. The supply curve shifts downward.
Correct Answer
B
Correct Option:
The supply curve shifts to the right.

About This Question

This is Post Utme Achievers University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Achievers University Economics examination.

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