Post Utme Coal City University 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice

Question 25 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A government imposes a tax on a firm's output. What is the effect of this tax on the firm's supply curve?

Answer Options

Correct Answer A. The supply curve shifts to the left.

B. The supply curve shifts to the right.

C. The supply curve becomes upward-sloping.

D. The supply curve becomes downward-sloping.

Correct Answer

Correct Option:

The supply curve shifts to the left.

About This Question

This is Post Utme Coal City University 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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