Post Utme Al Hikmah University 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2022 Economics Objective / Multiple Choice

Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ECONOMICS • objective

A government imposes a tax on a firm's output. What is the effect of this tax on the firm's supply curve?

Answer Options

A. The supply curve shifts to the left.

Correct Answer B. The supply curve shifts to the right.

C. The supply curve becomes steeper.

D. The supply curve becomes flatter.

Correct Answer

Correct Option:

The supply curve shifts to the right.

About This Question

This is Post Utme Al Hikmah University 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Economics examination.

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