Post Utme Uniport 2019 Economics Question 9
Practice objective / multiple choice question 9 from the 2019 Post Utme Uniport Economics examination.
A government is considering implementing a new policy to promote agricultural production in a specific region. The policy includes providing subsidies to farmers for the purchase of inputs such as seeds and fertilizers. If the government allocates ₦100 million for the subsidies, and the subsidy rate is 20% of the total \cost of inputs, calculate the total \cost of inputs that the farmers will bear.
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About This Question
This is Post Utme Uniport 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.
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