Post Utme Uniben 2024 Economics Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice

Question 8 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

A government is considering implementing a new tax on a particular good. Which of the following is a likely effect of this action?

Answer Options

A. An increase in the supply of the good

B. A decrease in the demand for the good

Correct Answer C. An increase in the price of the good

D. A decrease in the government's revenue

Correct Answer

Correct Option:

An increase in the price of the good

About This Question

This is Post Utme Uniben 2024 Economics Question 8. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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