Post Utme Ims U 2017 Economics Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice
Question 29 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply curve shifts to the left. Which of the following is a possible effect of this tax?

Answer Options

A. The firm's supply curve shifts to the right.
Correct Answer B. The firm's supply curve shifts to the left.
C. The firm's supply curve remains unchanged.
D. The firm's supply curve shifts upwards.
Correct Answer
B
Correct Option:
The firm's supply curve shifts to the left.

About This Question

This is Post Utme Ims U 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Ims U 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