Post Utme Lasu 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 32 POST_UTME_LASU • 2021 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply curve is given by Q = 100 + 2P. The tax increases the firm's \cost by $10 per unit. What is the new supply curve?

Answer Options

Correct Answer A. Q = 90 + 2P
B. Q = 100 + 2P
C. Q = 110 + 2P
D. Q = 120 + 2P
Correct Answer
A
Correct Option:
Q = 90 + 2P

About This Question

This is Post Utme Lasu 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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