Post Utme Bowen University 2020 Economics Question 16
Practice objective / multiple choice question 16 from the 2020 Post Utme Bowen University Economics examination.
The government of Nigeria has introduced a new policy to increase agricultural production. The policy involves providing subsidies to farmers who use modern farming techniques. However, the policy also requires farmers to adopt a new crop rotation system. If the government provides a subsidy of ₦10,000 to each farmer, and the \cost of adopting the new crop rotation system is ₦8,000, what is the net benefit to the farmer?
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About This Question
This is Post Utme Bowen University 2020 Economics Question 16. It is one of the objective questions from the 2020 Post Utme Bowen University Economics examination.
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