Post Utme Ims U 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Ims U Economics examination.

Post Utme Ims U 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_IMS_U • 2025 • ECONOMICS • objective

The government of Nigeria is planning to increase the production of agricultural products to reduce the country's dep\endence on imported food. If the government's budget for agricultural production is ₦500 million and the \cost of producing one unit of agricultural product is ₦100,000, how many units of agricultural product can the government produce?

Answer Options

Correct Answer A. 5000 units
B. 500 units
C. 50 units
D. 5 units
Correct Answer
A
Correct Option:
5000 units

About This Question

This is Post Utme Ims U 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Ims U Economics examination.

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