Post Utme Unn 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNN • 2017 • ECONOMICS • objective

A government imposes a tax on a firm to raise revenue. What is the effect of this tax on the firm's supply curve?

Answer Options

A. The supply curve shifts to the left.
B. The supply curve shifts to the right.
C. The supply curve remains unchanged.
Correct Answer D. The supply curve shifts downward.
Correct Answer
D
Correct Option:
The supply curve shifts downward.

About This Question

This is Post Utme Unn 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support