Post Utme Oau 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Oau Economics examination.

Post Utme Oau 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_OAU • 2021 • ECONOMICS • objective

A government imposes a tax on a particular good. What is the likely impact on the supply curve?

Answer Options

Correct Answer A. The supply curve shifts to the left.
B. The supply curve shifts to the right.
C. The supply curve remains unchanged.
D. The supply curve becomes more elastic.
Correct Answer
A
Correct Option:
The supply curve shifts to the left.

About This Question

This is Post Utme Oau 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.

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