Post Utme Ui 2022 Economics Question 15
Practice objective / multiple choice question 15 from the 2022 Post Utme Ui Economics examination.
The government of Nigeria has implemented a policy to increase agricultural production by providing subsidies to farmers. If the subsidy increases the supply of maize from 100 bags to 120 bags, and the demand for maize remains cons\tant at 80 bags, what will be the effect on the price of maize?
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About This Question
This is Post Utme Ui 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Ui Economics examination.
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