Post Utme Eksu 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Eksu Economics examination.

Post Utme Eksu 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_EKSU • 2021 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at promoting agricultural development in the country. The policy includes a 10% subsidy on all fertilizers used by farmers. If the price of a fertilizer is ₦500 per unit, what is the price of the fertilizer to the farmer?

Answer Options

Correct Answer A. ₦450
B. ₦500
C. ₦550
D. ₦600
Correct Answer
A
Correct Option:
₦450

About This Question

This is Post Utme Eksu 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Eksu Economics examination.

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