Post Utme Babcock University 2023 Economics Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2023 Economics Objective / Multiple Choice

Question 27 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ECONOMICS • objective

A government imposes a tax on a good, which leads to a decrease in its demand. What is the effect on the government's revenue from this tax?

Answer Options

A. The revenue increases

Correct Answer B. The revenue decreases

C. The revenue remains unchanged

D. The revenue dep\ends on other factors

Correct Answer

Correct Option:

The revenue decreases

About This Question

This is Post Utme Babcock University 2023 Economics Question 27. It is one of the objective questions from the 2023 Post Utme Babcock University Economics examination.

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