Post Utme Al Hikmah University 2017 Economics Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2017 Economics Objective / Multiple Choice
Question 20 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at promoting industrialization. The policy requires firms to invest a minimum of ₦100 million in research and development. If a firm's current investment in research and development is ₦50 million, what is the firm's additional investment required?

Answer Options

A. ₦0
B. ₦50 million
Correct Answer C. ₦100 million
D. ₦150 million
Correct Answer
C
Correct Option:
₦100 million

About This Question

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

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