Post Utme Redeemers University 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ECONOMICS • objective

A government imposes a tax on a particular good. What is the effect of this tax 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 vertical.
Correct Answer
A
Correct Option:
The supply curve shifts to the left.

About This Question

This is Post Utme Redeemers University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.

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