Post Utme Summit University 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Summit University Economics examination.

Post Utme Summit University 2018 Economics Objective / Multiple Choice
Question 33 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ECONOMICS • objective

The government of Nigeria has implemented a policy to increase the production of rice by 20% in the next year. If the current price of rice is ₦100 per ki\logram, what is the expected price of rice in the next year?

Answer Options

Correct Answer A. ₦120
B. ₦110
C. ₦100
D. ₦90
Correct Answer
A
Correct Option:
₦120

About This Question

This is Post Utme Summit University 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Summit University Economics examination.

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