Post Utme Bsu 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_BSU • 2023 • ECONOMICS • objective

A government is considering a tax on a particular good. The supply function for the good is given by Q = 100 + 2P, where Q is the quantity supplied and P is the price. If the government imposes a tax of 10 on the good, what is the new supply function?

Answer Options

Correct Answer A. Q = 100 + 2P - 10
B. Q = 100 + 2P + 10
C. Q = 100 + 2P - 20
D. Q = 100 + 2P + 20
Correct Answer
A
Correct Option:
Q = 100 + 2P - 10

About This Question

This is Post Utme Bsu 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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