Post Utme Veritas University 2021 Economics Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Veritas University Economics examination.
The government of Nigeria has introduced a new policy aimed at increa\sing agricultural production. The policy involves providing subsidies to farmers who produce certain crops. If the government provides a subsidy of ₦100 per unit of a crop, and the market price of the crop is ₦200 per unit, what is the new price of the crop after the subsidy is provided?
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About This Question
This is Post Utme Veritas University 2021 Economics Question 26. It is one of the objective questions from the 2021 Post Utme Veritas University Economics examination.
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