Post Utme Crawford University 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective
Post Utme Crawford University 2025 Economics Question 29 diagram

The government of a country imposes a tax on a particular good. The supply curve shifts from S1 to S2. What is the effect on the equilibrium price and quantity?

Answer Options

A. Price increases, quantity decreases
B. Price decreases, quantity increases
C. Price increases, quantity increases
Correct Answer D. Price decreases, quantity decreases
Correct Answer
D
Correct Option:
Price decreases, quantity decreases

About This Question

This is Post Utme Crawford University 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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