Post Utme Nile University 2023 Economics Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Nile University Economics examination.

Post Utme Nile University 2023 Economics Objective / Multiple Choice
Question 23 POST_UTME_NILE_UNIVERSITY • 2023 • 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 increases the supply price by 10, what is the new supply curve?

Answer Options

A. Qs = 110 + 2P
Correct Answer B. Qs = 120 + 2P
C. Qs = 130 + 2P
D. Qs = 140 + 2P
Correct Answer
B
Correct Option:
Qs = 120 + 2P

About This Question

This is Post Utme Nile University 2023 Economics Question 23. It is one of the objective questions from the 2023 Post Utme Nile University Economics examination.

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