Post Utme Redeemers University 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • ECONOMICS • objective

The government of a country is considering a policy to increase the production of a particular crop. The crop is currently produced by 100 farmers, each producing 10 units of output. If the government provides a subsidy of ₦5 per unit, how many more units of output will be produced?

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 500 units
D. 1000 units
Correct Answer
C
Correct Option:
500 units

About This Question

This is Post Utme Redeemers University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Redeemers University Economics examination.

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