Post Utme Bells University 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Bells University Economics examination.

Post Utme Bells University 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_BELLS_UNIVERSITY • 2020 • ECONOMICS • objective

A government imposes a tax of ₦10 on a firm's output. The firm's supply curve is given by Q = 100 - 2P. What is the new supply curve after the tax?

Answer Options

A. Q = 100 - 2P
Correct Answer B. Q = 100 - 2\( P + 10 \)
C. Q = 100 - 4P
D. Q = 100 - 6P
Correct Answer
B
Correct Option:
Q = 100 - 2\( P + 10 \)

About This Question

This is Post Utme Bells University 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Bells University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support