Post Utme Al Hikmah University 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ECONOMICS • objective

The Nigerian government has implemented a policy aimed at promoting agricultural development. The policy involves a subsidy of ₦50 per unit of fertilizer for farmers. If the initial price of fertilizer was ₦200 per unit, what is the new price?

Answer Options

A. ₦150
Correct Answer B. ₦175
C. ₦200
D. ₦225
Correct Answer
B
Correct Option:
₦175

About This Question

This is Post Utme Al Hikmah University 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support