Post Utme Futa 2018 Economics Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Futa Economics examination.

Post Utme Futa 2018 Economics Objective / Multiple Choice
Question 14 POST_UTME_FUTA • 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 and the demand curve is given by Q = 100 - P, what is the firm's new supply curve?

Answer Options

Correct Answer A. Q = 2P - 20
B. Q = 2P - 15
C. Q = 2P - 10
D. Q = 2P + 5
Correct Answer
A
Correct Option:
Q = 2P - 20

About This Question

This is Post Utme Futa 2018 Economics Question 14. It is one of the objective questions from the 2018 Post Utme Futa Economics examination.

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