Post Utme Unn 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Unn Economics examination.

Post Utme Unn 2024 Economics Objective / Multiple Choice

Question 4 POST_UTME_UNN • 2024 • ECONOMICS • objective

A country's government imposes a tax on a firm's output. If the firm's supply curve is given by Q = 2P - 10 and the tax rate is 20%, find the firm's new supply curve.

Correct Answer A. Q = 1.6P - 8

B. Q = 1.8P - 9

C. Q = 2P - 8

D. Q = 2.2P - 9

Correct Answer

Correct Option:

Q = 1.6P - 8

This is Post Utme Unn 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Unn Economics examination.

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