Post Utme Bells University 2018 Economics Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Bells University Economics examination.

Post Utme Bells University 2018 Economics Objective / Multiple Choice
Question 3 POST_UTME_BELLS_UNIVERSITY • 2018 • ECONOMICS • objective

The Nigerian government has implemented a policy to increase the production of rice. What is the effect of this policy on the supply curve of rice?

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 Bells University 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.

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