Post Utme Greenfield University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing the production of rice. The policy includes a subsidy of ₦500 per bag of rice. If the price of rice is ₦5000 per bag, what is the new price after the subsidy?

Answer Options

Correct Answer A. ₦4500
B. ₦45000
C. ₦50000
D. ₦500000
Correct Answer
A
Correct Option:
₦4500

About This Question

This is Post Utme Greenfield University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Greenfield University Economics examination.

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