Post Utme Caleb University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2020 • ECONOMICS • objective

A government imposes a tax on a firm's input. The firm's supply curve shifts to the right. What is the effect on the equilibrium price?

Answer Options

Correct Answer A. Increase
B. Decrease
C. No change
D. Indeterminate
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Caleb University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Caleb University Economics examination.

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