Post Utme Lasu 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Lasu Economics examination.

Post Utme Lasu 2017 Economics Objective / Multiple Choice
Question 22 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 supply of the good?

Answer Options

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

About This Question

This is Post Utme Lasu 2017 Economics Question 22. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.

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