Post Utme Bsu 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice

Question 10 POST_UTME_BSU • 2023 • ECONOMICS • objective

A government imposes a tax on a firm's output, which increases the firm's \cost of production. U\sing the following diagram, identify the new equilibrium price and quantity of the good.

Correct Answer A. P = 15, Q = 10

B. P = 20, Q = 5

C. P = 25, Q = 0

D. P = 30, Q = 15

Correct Answer

Correct Option:

P = 15, Q = 10

This is Post Utme Bsu 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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