Post Utme Esut 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Esut Economics examination.

Post Utme Esut 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_ESUT • 2018 • ECONOMICS • objective

A government introduces a new policy to increase agricultural production. The policy includes subsidies for fertilizers and irrigation equipment. What is the likely effect on the supply of agricultural products?

Answer Options

Correct Answer A. Increase
B. Decrease
C. No change
D. Uncertain
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Esut 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.

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