Post Utme Caleb University 2018 Economics Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice

Question 37 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A government imposes a tax on a firm's output. If the firm's supply curve shifts to the left, what will be the effect on the firm's output?

Answer Options

A. The firm's output will increase.

Correct Answer B. The firm's output will decrease.

C. The firm's output will remain unchanged.

D. The firm will exit the market.

Correct Answer

Correct Option:

The firm's output will decrease.

About This Question

This is Post Utme Caleb University 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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