Post Utme Osustech 2020 Economics Question 41
Practice objective / multiple choice question 41 from the 2020 Post Utme Osustech Economics examination.
A government imposes a tax on a firm's output. The firm's supply function is given by Q = 100 + 2P. If the tax rate is 10% and the firm's current output is Q = 120, what is the new supply function after the tax is imposed?
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About This Question
This is Post Utme Osustech 2020 Economics Question 41. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.
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