Post Utme Uniport 2024 Economics Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Uniport Economics examination.

Post Utme Uniport 2024 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNIPORT • 2024 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at increa\sing agricultural production. The policy involves providing subsidies to farmers who use modern farming techniques. If the subsidy is ₦10,000 per hectare and the average farm size is 5 hectares, what is the total subsidy paid to a farmer who uses modern farming techniques on 10 hectares of land?

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Uniport 2024 Economics Question 10. It is one of the objective questions from the 2024 Post Utme Uniport Economics examination.

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