Post Utme Wellspring University 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

A government imposes a tax on a firm's output, cau\sing the firm's supply curve to shift to the left. If the firm's initial supply curve is given by \( Q = 2P - 10 \), and the tax is \( T = 5 \), what is the firm's new supply curve?

Answer Options

Correct Answer A. \( Q = 2P - 15 \)
B. \( Q = 2P - 20 \)
C. \( Q = 2P - 25 \)
D. \( Q = 2P - 30 \)
Correct Answer
A
Correct Option:
\( Q = 2P - 15 \)

About This Question

This is Post Utme Wellspring University 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Wellspring University 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