Post Utme Lasu 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Lasu Economics examination.

Post Utme Lasu 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_LASU • 2017 • ECONOMICS • objective

A government is considering a tax on a particular good. If the tax is implemented, what will be the effect on the demand for the good?

Answer Options

A. The demand for the good will increase.
Correct Answer B. The demand for the good will decrease.
C. The demand for the good will remain unchanged.
D. The demand for the good will increase at a decrea\sing rate.
Correct Answer
B
Correct Option:
The demand for the good will decrease.

About This Question

This is Post Utme Lasu 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.

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