Post Utme Aaua 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Aaua Economics examination.

Post Utme Aaua 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_AAUA • 2018 • ECONOMICS • objective

A government imposes a tax on a good, cau\sing the supply curve to shift to the left. If the original equilibrium price is $10 and the original equilibrium quantity is 100 units, and the tax causes the supply curve to shift to the left by 20 units, what is the new equilibrium price?

Answer Options

A. $8
Correct Answer B. $9
C. $10
D. $11
Correct Answer
B
Correct Option:
$9

About This Question

This is Post Utme Aaua 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Aaua Economics examination.

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