Post Utme Lead City University 2025 Economics Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2025 Economics Objective / Multiple Choice
Question 36 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply curve shifts to the left. What is the effect on the firm's profit-maximizing price?

Answer Options

A. Increases
Correct Answer B. Decreases
C. Remains the same
D. No effect
Correct Answer
B
Correct Option:
Decreases

About This Question

This is Post Utme Lead City University 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.

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