Post Utme Noun 2021 Commerce Question 26

Practice objective / multiple choice question 26 from the 2021 Post Utme Noun Commerce examination.

Post Utme Noun 2021 Commerce Objective / Multiple Choice
Question 26 POST_UTME_NOUN • 2021 • COMMERCE • objective
Post Utme Noun 2021 Commerce Question 26 diagram

The following diagram shows a production possibility frontier for a country with two goods, X and Y. If the country is currently producing at point A, and the government imposes a tax on good X, what will be the effect on the production of good Y?

Answer Options

A. The production of good Y will increase.
Correct Answer B. The production of good Y will decrease.
C. The production of good Y will remain unchanged.
D. The production of good Y will increase, but at a decreasing rate.
Correct Answer
B
Correct Option:
The production of good Y will decrease.

About This Question

This is Post Utme Noun 2021 Commerce Question 26. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.

View More Post Utme Noun 2021 Commerce Questions More Post Utme Noun Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support