Post Utme Uniben 2017 Economics Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Uniben Economics examination.

Post Utme Uniben 2017 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNIBEN • 2017 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply function is given by Q = 2P + 5, where Q is the quantity supplied and P is the price. If the tax is 2 units per unit of output, find the new supply function.

Answer Options

Correct Answer A. Q = 2P + 7
B. Q = 2P + 3
C. Q = 2P + 9
D. Q = 2P + 11
Correct Answer
A
Correct Option:
Q = 2P + 7

About This Question

This is Post Utme Uniben 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Uniben Economics examination.

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