Post Utme Achievers University 2019 Economics Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2019 Economics Objective / Multiple Choice
Question 23 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to increase the production of rice. The policy includes a subsidy of 10% on the \cost of production. If the \cost of production is 100, find the new \cost of production.

Answer Options

A. ₦90
B. ₦100
Correct Answer C. ₦110
D. ₦120
Correct Answer
C
Correct Option:
₦110

About This Question

This is Post Utme Achievers University 2019 Economics Question 23. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.

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