Post Utme Eksu 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2018 • ECONOMICS • objective

A government imposes a tax of ₦5 per unit on a good. The supply function is given by Q = 2P + 10. Find the new supply function after the tax is imposed.

Answer Options

A. Q = 2P + 20
Correct Answer B. Q = 2P + 25
C. Q = 2P + 30
D. Q = 2P + 35
Correct Answer
B
Correct Option:
Q = 2P + 25

About This Question

This is Post Utme Eksu 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Eksu 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