Post Utme Madonna University 2017 Economics Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2017 Economics Objective / Multiple Choice
Question 13 POST_UTME_MADONNA_UNIVERSITY • 2017 • 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 output?

Answer Options

A. Increases
Correct Answer B. Decreases
C. Remains the same
D. Increases then decreases
Correct Answer
B
Correct Option:
Decreases

About This Question

This is Post Utme Madonna University 2017 Economics Question 13. It is one of the objective questions from the 2017 Post Utme Madonna University Economics examination.

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