Post Utme Lasu 2017 Economics Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Lasu Economics examination.

Post Utme Lasu 2017 Economics Objective / Multiple Choice
Question 33 POST_UTME_LASU • 2017 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing agricultural production. The policy includes a subsidy on fertilizers and a loan scheme for farmers. What is the effect of this policy on the supply curve of agricultural products?

Answer Options

A. Shift to the left
Correct Answer B. Shift to the right
C. No change
D. Uncertainty
Correct Answer
B
Correct Option:
Shift to the right

About This Question

This is Post Utme Lasu 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support