Post Utme Joseph Ayo Babalola University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • 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 subsidy of ₦50 per ki\logram of rice produced. If a farmer produces 10,000 ki\lograms of rice, how much subsidy will they receive?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 23. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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