Post Utme Skyline University 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ECONOMICS • objective

A country's agricultural sector is facing a decline in production due to a drought. The government has introduced a subsidy program to support farmers. If the subsidy is ₦5000 per bag of rice, and the farmer sells 1000 bags at ₦5000 each, what is the total subsidy payable?

Answer Options

Correct Answer A. ₦5000000
B. ₦50000000
C. ₦500000000
D. ₦5000000000
Correct Answer
A
Correct Option:
₦5000000

About This Question

This is Post Utme Skyline University 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Skyline University Economics examination.

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