Post Utme Veritas University 2021 Economics Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2021 Economics Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2021 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a firm's output. The firm's supply curve is given by Q = 100 - 2P. What is the new supply curve after the tax is imposed?

Answer Options

A. Q = 100 - 2P
Correct Answer B. Q = 100 - 2\( P + 10 \)
C. Q = 100 - 2P - 10
D. Q = 100 - 2P + 10
Correct Answer
B
Correct Option:
Q = 100 - 2\( P + 10 \)

About This Question

This is Post Utme Veritas University 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Veritas University Economics examination.

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