Post Utme Caleb University 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2023 Economics Objective / Multiple Choice

Question 9 POST_UTME_CALEB_UNIVERSITY • 2023 • ECONOMICS • objective

A government is considering implementing a new tax on a particular good. The tax will be levied on the producer of the good. What will be the effect on the producer's supply curve?

Answer Options

Correct Answer A. The supply curve will shift to the left.

B. The supply curve will shift to the right.

C. The supply curve will remain unchanged.

D. The supply curve will become vertical.

Correct Answer

Correct Option:

The supply curve will shift to the left.

About This Question

This is Post Utme Caleb University 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.

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