Post Utme Mountain Top University 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice

Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A government in Nigeria decides to impose a tax on a particular good. Which of the following is a consequence of this tax?

Answer Options

A. The supply curve shifts to the left

B. The demand curve shifts to the right

Correct Answer C. The equilibrium price increases

D. The equilibrium quantity decreases

Correct Answer

Correct Option:

The equilibrium price increases

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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