Post Utme Crawford University 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2022 Economics Objective / Multiple Choice

Question 33 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ECONOMICS • objective

The government of Nigeria has introduced a tax on sugar to reduce consumption. What is the effect of this tax on the supply of sugar?

Answer Options

Correct Answer A. The supply of sugar decreases.

B. The supply of sugar increases.

C. The supply of sugar remains the same.

D. The supply of sugar increases and the price of sugar decreases.

Correct Answer

Correct Option:

The supply of sugar decreases.

About This Question

This is Post Utme Crawford University 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.

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