Post Utme Oau 2018 Economics Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 27 POST_UTME_OAU • 2018 • ECONOMICS • objective

A government imposes a tax on a good, cau\sing the supply curve to shift to the left. If the demand curve is inelastic, the tax will result in a

Answer Options

Correct Answer A. increase in the price of the good
B. decrease in the price of the good
C. increase in the quantity supplied
D. decrease in the quantity supplied
Correct Answer
A
Correct Option:
increase in the price of the good

About This Question

This is Post Utme Oau 2018 Economics Question 27. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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