Post Utme Uniben 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply function is given by Q = 100 + 2P, where Q is the quantity supplied and P is the price. If the tax is 10, what is the new supply function?

Answer Options

Correct Answer A. Q = 90 + 2P
B. Q = 100 + 2P
C. Q = 110 + 2P
D. Q = 120 + 2P
Correct Answer
A
Correct Option:
Q = 90 + 2P

About This Question

This is Post Utme Uniben 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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