Post Utme Eksu 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice

Question 29 POST_UTME_EKSU • 2018 • ECONOMICS • objective

A government imposes a tax of ₦5 on a firm's output. If the firm's supply curve is given by Q = 100 - 2P, what is the new supply curve after the tax is imposed?

Correct Answer A. Q = 100 - 2P - 5

B. Q = 100 - 2P + 5

C. Q = 100 - 2P - 10

D. Q = 100 - 2P + 10

Correct Answer

Correct Option:

Q = 100 - 2P - 5

This is Post Utme Eksu 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.

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