Post Utme Ui 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Ui Economics examination.

Post Utme Ui 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_UI • 2025 • ECONOMICS • objective

The government of Nigeria has introduced a new agricultural policy aimed at increa\sing food production and reducing imports. The policy includes subsidies for fertilizers and pesticides, as well as support for irrigation projects. U\sing the concept of opportunity \cost, explain why the government's policy may be justified.

Answer Options

Correct Answer A. The government's policy will lead to a decrease in the opportunity \cost of food production, making it more attractive for farmers to produce food.
B. The government's policy will increase the opportunity \cost of food production, making it less attractive for farmers to produce food.
C. The government's policy will have no impact on the opportunity \cost of food production.
D. The government's policy will lead to a decrease in the opportunity \cost of imports, making it more attractive for the government to import food.
Correct Answer
A
Correct Option:
The government's policy will lead to a decrease in the opportunity \cost of food production, making it more attractive for farmers to produce food.

About This Question

This is Post Utme Ui 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Ui Economics examination.

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