Post Utme Lautech 2018 Economics Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 17 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A government imposes a tax on a particular good. What is the likely effect on the demand for that 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 fluctuate randomly.
Correct Answer
B
Correct Option:
The demand for the good will decrease.

About This Question

This is Post Utme Lautech 2018 Economics Question 17. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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