Post Utme Afe Babalola University 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

The government of a country imposes a tax of ₦10 on every unit of a good. If the supply curve of the good is given by Qs = 100 + 2P, where Qs is the quantity supplied and P is the price, find the new supply curve after the tax is imposed.

Answer Options

Correct Answer A. Qs = 90 + 2P
B. Qs = 110 + 2P
C. Qs = 100 + 4P
D. Qs = 90 + 4P
Correct Answer
A
Correct Option:
Qs = 90 + 2P

About This Question

This is Post Utme Afe Babalola University 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Economics examination.

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