Post Utme Lautech 2024 Economics Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Lautech Economics examination.

Post Utme Lautech 2024 Economics Objective / Multiple Choice
Question 8 POST_UTME_LAUTECH • 2024 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice in the country. The policy includes providing subsidies to farmers, improving irrigation facilities, and increa\sing the availability of fertilizers. What is the likely effect of this policy on the supply of rice in Nigeria?

Answer Options

A. The supply of rice will decrease
Correct Answer B. The supply of rice will increase
C. The supply of rice will remain the same
D. The supply of rice will fluctuate
Correct Answer
B
Correct Option:
The supply of rice will increase

About This Question

This is Post Utme Lautech 2024 Economics Question 8. It is one of the objective questions from the 2024 Post Utme Lautech Economics examination.

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