Post Utme Al Hikmah University 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 5 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

The Nigerian government has implemented a policy to increase the production of rice through the use of irrigation. This policy is expected to increase the supply of rice in the market. What will happen to the price of rice as a result of this policy?

Answer Options

A. Increase
Correct Answer B. Decrease
C. Remain the same
D. It dep\ends
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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