Post Utme Oau 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice

Question 18 POST_UTME_OAU • 2018 • ECONOMICS • objective

The Nigerian government has implemented a policy aimed at promoting industrialization. The policy involves providing subsidies to firms in the manufacturing sector. What is the likely effect of this policy on the firms' production \costs?

A. Increase in production \costs

Correct Answer B. Decrease in production \costs

C. No change in production \costs

D. Increase in employment

Correct Answer

Correct Option:

Decrease in production \costs

This is Post Utme Oau 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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