Post Utme Rhema University 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_RHEMA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's agricultural sector is characterized by a high degree of market failure. Which of the following policies would be most effective in addres\sing this market failure?

Answer Options

A. Price support
Correct Answer B. Input subsidies
C. Output subsidies
D. Export incentives
Correct Answer
B
Correct Option:
Input subsidies

About This Question

This is Post Utme Rhema University 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Rhema University Economics examination.

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