Post Utme Ksu 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_KSU • 2021 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice. The policy involves providing subsidies to farmers who produce rice. If the government provides a subsidy of ₦100 per ki\logram of rice produced, and the price of rice is ₦200 per ki\logram, what is the new price of rice per ki\logram?

Answer Options

A. ₦100
Correct Answer B. ₦150
C. ₦200
D. ₦250
Correct Answer
B
Correct Option:
₦150

About This Question

This is Post Utme Ksu 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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