Post Utme Ui 2017 Economics Question 43

Practice objective / multiple choice question 43 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 43 POST_UTME_UI • 2017 • ECONOMICS • objective

A government imposes a tax on a good, which increases its price. What will happen to the quantity supplied of the good?

Answer Options

A. The quantity supplied will increase.
Correct Answer B. The quantity supplied will decrease.
C. The quantity supplied will remain the same.
D. The quantity supplied will fluctuate.
Correct Answer
B
Correct Option:
The quantity supplied will decrease.

About This Question

This is Post Utme Ui 2017 Economics Question 43. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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