Post Utme Greenfield University 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2024 Economics Objective / Multiple Choice

Question 4 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ECONOMICS • objective

A government imposes a tax of ₦10 on a firm's output. If the firm's supply curve is given by \( Q = 2P - 10 \), what is the firm's new supply curve?

Answer Options

A. \( Q = 2P - 20 \)

Correct Answer B. \( Q = 2P - 15 \)

C. \( Q = 2P - 10 \)

D. \( Q = 2P + 5 \)

Correct Answer

Correct Option:

\( Q = 2P - 15 \)

About This Question

This is Post Utme Greenfield University 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Greenfield University Economics examination.

View More Post Utme Greenfield University 2024 Economics Questions More Post Utme Greenfield University Practice Questions Back to Questions

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