Post Utme Coal City University 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2017 Economics Objective / Multiple Choice

Question 25 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A government imposes a tax on a good, which leads to a decrease in the quantity demanded. What is the likely outcome for the government's revenue?

Answer Options

A. The revenue will increase.

Correct Answer B. The revenue will decrease.

C. The revenue will remain the same.

D. The revenue will fluctuate.

Correct Answer

Correct Option:

The revenue will decrease.

About This Question

This is Post Utme Coal City University 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.

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