Post Utme Mountain Top University 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ECONOMICS • objective

The government of Nigeria has introduced a new policy to increase agricultural production. The policy includes subsidies for fertilizers and seeds, as well as training for farmers. What is the likely effect of this policy on the supply of agricultural products?

Answer Options

Correct Answer A. Increase in supply
B. Decrease in supply
C. No change in supply
D. Increase in demand
Correct Answer
A
Correct Option:
Increase in supply

About This Question

This is Post Utme Mountain Top University 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.

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