Post Utme Unilorin 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2023 Economics Objective / Multiple Choice

Question 18 POST_UTME_UNILORIN • 2023 • ECONOMICS • objective

The Nigerian government has implemented a tax on imported goods to reduce the trade deficit. What is the effect of this tax on the supply curve?

Answer Options

Correct Answer A. Shifts the supply curve to the left

B. Shifts the supply curve to the right

C. Does not affect the supply curve

D. Increases the supply curve

Correct Answer

Correct Option:

Shifts the supply curve to the left

About This Question

This is Post Utme Unilorin 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Unilorin Economics examination.

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