Post Utme Bsu 2023 Economics Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 7 POST_UTME_BSU • 2023 • ECONOMICS • objective
Post Utme Bsu 2023 Economics Question 7 diagram

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.

Answer Options

Correct Answer A. P = 15, Q = 10
B. P = 20, Q = 5
C. P = 25, Q = 0
D. P = 30, Q = 15
Correct Answer
A
Correct Option:
P = 15, Q = 10

About This Question

This is Post Utme Bsu 2023 Economics Question 7. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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