Post Utme Christopher University 2023 Economics Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2023 Economics Objective / Multiple Choice
Question 26 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • ECONOMICS • objective

A government imposes a tax on a firm's output. If the firm's supply function is given by Q = 2P - 100 and the tax rate is 20%, what is the new supply function?

Answer Options

Correct Answer A. Q = 2P - 80
B. Q = 2P - 120
C. Q = 2P - 140
D. Q = 2P - 160
Correct Answer
A
Correct Option:
Q = 2P - 80

About This Question

This is Post Utme Christopher University 2023 Economics Question 26. It is one of the objective questions from the 2023 Post Utme Christopher University Economics examination.

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