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WAEC Agricultural Science 2017 Question 47

Question 47

Agricultural Finance

Subsidies are given to farmers in the form of

  1. A.reduced prices of inputs.
  2. B.provision of social infrastructure.
  3. C.high tariff on imported inputs.
  4. D.short term loans.
Show the answer and explanation

Answer: A (reduced prices of inputs.)

Explanation

A subsidy means government pays part of the cost, so farmers buy inputs cheaper.