Post Utme Unilorin 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2018 Economics Objective / Multiple Choice

Question 18 POST_UTME_UNILORIN • 2018 • ECONOMICS • objective

Post Utme Unilorin 2018 Economics Question 18 diagram

A country's government imposes a tax on a particular good, cau\sing the supply curve to shift to the left. What is the effect on the equilibrium price and quantity of the good?

Answer Options

A. Price increases, quantity decreases

B. Price decreases, quantity increases

C. Price increases, quantity increases

D. Price decreases, quantity decreases

Correct Answer

N/A

About This Question

This is Post Utme Unilorin 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Unilorin Economics examination.

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