Post Utme Crawford University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a firm's output. If the firm's supply curve is given by Q = 2P - 10, what is the new supply curve after the tax is imposed?

Answer Options

A. Q = 2P - 20
Correct Answer B. Q = 2P - 15
C. Q = 2P - 10
D. Q = 2P + 10
Correct Answer
B
Correct Option:
Q = 2P - 15

About This Question

This is Post Utme Crawford University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support