Post Utme Greenfield University 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing the production of rice in the country. The policy includes a 50% subsidy on the \cost of fertilizers and pesticides for rice farmers. If the current \cost of fertilizers and pesticides is ₦100,000, what is the amount of subsidy provided to each farmer?

Answer Options

Correct Answer A. ₦50,000
B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Greenfield University 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Greenfield University Economics examination.

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