Post Utme Madonna University 2022 Economics Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2022 Economics Objective / Multiple Choice
Question 11 POST_UTME_MADONNA_UNIVERSITY • 2022 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase agricultural production by providing subsidies to farmers. However, this policy has led to a decrease in the production of other crops. What is the opportunity \cost of this policy?

Answer Options

Correct Answer A. The decrease in production of other crops
B. The increase in production of subsidized crops
C. The decrease in income of farmers
D. The increase in food prices
Correct Answer
A
Correct Option:
The decrease in production of other crops

About This Question

This is Post Utme Madonna University 2022 Economics Question 11. It is one of the objective questions from the 2022 Post Utme Madonna University Economics examination.

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