Post Utme Noun 2025 Economics Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Noun Economics examination.

Post Utme Noun 2025 Economics Objective / Multiple Choice
Question 15 POST_UTME_NOUN • 2025 • ECONOMICS • objective

The Nigerian government has implemented a policy to increase the production of textiles. The policy includes providing subsidies to textile manufacturers and investing in textile machinery. However, the policy has led to an increase in the price of textiles. What is the opportunity \cost of this policy?

Answer Options

A. Increase in the price of textiles
Correct Answer B. Decrease in the production of other goods
C. Decrease in the income of textile manufacturers
D. Increase in the employment of textile workers
Correct Answer
B
Correct Option:
Decrease in the production of other goods

About This Question

This is Post Utme Noun 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Noun Economics examination.

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