Post Utme Joseph Ayo Babalola University 2023 Economics Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2023 Economics Objective / Multiple Choice

Question 14 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ECONOMICS • objective

A government imposes a tax on a particular good, cau\sing the demand curve to shift to the left. What is the likely effect on the deadweight loss of the tax?

Answer Options

Correct Answer A. The deadweight loss increases

B. The deadweight loss decreases

C. The deadweight loss remains unchanged

D. The deadweight loss becomes negative

Correct Answer

Correct Option:

The deadweight loss increases

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Economics Question 14. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Economics examination.

View More Post Utme Joseph Ayo Babalola University 2023 Economics Questions More Post Utme Joseph Ayo Babalola 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