Post Utme Covenant University 2020 Economics Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2020 Economics Objective / Multiple Choice
Question 27 POST_UTME_COVENANT_UNIVERSITY • 2020 • ECONOMICS • objective

The Nigerian government has introduced a policy to promote agriculture in the country. The policy involves providing subsidies to farmers who produce crops u\sing certain inputs. If a farmer is producing a crop u\sing 100 units of fertilizer and the subsidy is ₦50 per unit, what is the total subsidy received by the farmer?

Answer Options

A. ₦5,000
B. ₦10,000
C. ₦15,000
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Covenant University 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Covenant University Economics examination.

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