Post Utme Summit University 2019 Economics Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Summit University Economics examination.

Post Utme Summit University 2019 Economics Objective / Multiple Choice

Question 38 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ECONOMICS • objective

A government imposes a tax of ₦100 on a firm's output. If the firm's supply function is given by Q = 2P - 10, find the new supply function.

Answer Options

Correct Answer A. Q = 2P - 20

B. Q = 2P - 10

C. Q = 2P + 10

D. Q = 2P + 20

Correct Answer

Correct Option:

Q = 2P - 20

About This Question

This is Post Utme Summit University 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Summit University Economics examination.

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