Post Utme Caleb University 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_CALEB_UNIVERSITY • 2017 • ECONOMICS • objective

A government wants to implement a tax on a firm's output. If the firm's supply curve is given by P = 10 + 2Q and the government wants to collect a tax of 5 units, what is the new supply curve?

Answer Options

Correct Answer A. P = 15 + 2Q
B. P = 20 + 2Q
C. P = 25 + 2Q
D. P = 30 + 2Q
Correct Answer
A
Correct Option:
P = 15 + 2Q

About This Question

This is Post Utme Caleb University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Caleb University Economics examination.

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