Post Utme Mountain Top University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice

Question 24 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

The government of Nigeria has introduced a new tax policy to increase revenue. The policy includes a 10% tax on all goods and services. What is the effect of this policy on the supply curve of a firm?

Answer Options

A. The supply curve shifts to the left

Correct Answer B. The supply curve shifts to the right

C. The supply curve remains the same

D. The supply curve shifts downward

Correct Answer

Correct Option:

The supply curve shifts to the right

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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