Post Utme Coal City University 2019 Economics Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice
Question 30 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice. What is the likely effect of this policy on the price of rice?

Answer Options

A. The price of rice will increase
Correct Answer B. The price of rice will decrease
C. The price of rice will remain the same
D. The price of rice will fluctuate
Correct Answer
B
Correct Option:
The price of rice will decrease

About This Question

This is Post Utme Coal City University 2019 Economics Question 30. It is one of the objective questions from the 2019 Post Utme Coal City 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