Post Utme Eksu 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Eksu Economics examination.

Post Utme Eksu 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_EKSU • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing the production of rice in the country. The policy requires farmers to use a new type of fertilizer that \costs ₦50,000 per bag. If a farmer needs 5 bags of fertilizer to produce 1 ton of rice, how much will it \cost to produce 10 tons of rice?

Answer Options

A. ₦250,000
B. ₦500,000
Correct Answer C. ₦750,000
D. ₦1,000,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Eksu 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Eksu Economics examination.

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