Waec 2021 Economics Question 39

Practice objective / multiple choice question 39 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 39 WAEC • 2021 • ECONOMICS • objective

In order to enable the government of a country to increase its tax revenue, it will be advisable for it to increase taxes on

Answer Options

A. textile materials with elastic demand.
Correct Answer B. alcoholic beverages with inelastic demand.
C. agricultural products with inelastic supply.
D. luxury goods with elastic supply.
Correct Answer
B
Correct Option:
alcoholic beverages with inelastic demand.

About This Question

This is Waec 2021 Economics Question 39. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

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