Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Firms under Perfect Competition

Question:
A unit tax on supply is a tax that the government imposes per unit ________.
Options:
Of input
Sale of output
Neither output nor input
Both input and output
Correct Answer:
Sale of output
Explanation:
A unit tax is a tax that the government imposes per unit sale of output.