Post Utme Uniosun 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A government increases the tax rate on a firm's output. The firm's supply curve shifts to the left. What is the effect on the firm's revenue?

Answer Options

A. The firm's revenue increases.
Correct Answer B. The firm's revenue decreases.
C. The firm's revenue remains the same.
D. The firm's revenue becomes negative.
Correct Answer
B
Correct Option:
The firm's revenue decreases.

About This Question

This is Post Utme Uniosun 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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