Post Utme Uniport 2021 Economics Question 47

Practice objective / multiple choice question 47 from the 2021 Post Utme Uniport Economics examination.

Post Utme Uniport 2021 Economics Objective / Multiple Choice

Question 47 POST_UTME_UNIPORT • 2021 • ECONOMICS • objective

A government imposes a tax on a firm's output. The firm's supply curve is given by Q = 100 + 2P, where Q is the quantity supplied and P is the price. If the tax is ₦20 per unit, what is the new supply curve?

Answer Options

Correct Answer A. Q = 100 + 2P - 20

B. Q = 100 + 2P + 20

C. Q = 100 - 2P - 20

D. Q = 100 - 2P + 20

Correct Answer

Correct Option:

Q = 100 + 2P - 20

About This Question

This is Post Utme Uniport 2021 Economics Question 47. It is one of the objective questions from the 2021 Post Utme Uniport Economics examination.

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