Post Utme Lautech 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Lautech Economics examination.

Post Utme Lautech 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2023 • ECONOMICS • objective

A government imposes a tax on a particular good. What is the effect of this tax on the supply curve of the good?

Answer Options

Correct Answer A. The supply curve shifts to the left.
B. The supply curve shifts to the right.
C. The supply curve remains unchanged.
D. The supply curve becomes vertical.
Correct Answer
A
Correct Option:
The supply curve shifts to the left.

About This Question

This is Post Utme Lautech 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Lautech Economics examination.

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