Post Utme Madonna University 2018 Economics Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2018 Economics Objective / Multiple Choice
Question 36 POST_UTME_MADONNA_UNIVERSITY • 2018 • ECONOMICS • objective

The government of a country imposes a tax on a particular good. The supply curve of the good is given by Qs = 100 + 2P, where Qs is the quantity supplied and P is the price. If the tax is 10, what is the new supply curve?

Answer Options

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

About This Question

This is Post Utme Madonna University 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.

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