Post Utme Aaua 2019 Economics Question 35
Practice objective / multiple choice question 35 from the 2019 Post Utme Aaua Economics examination.
A government is considering implementing a tax on a particular good. The tax will increase the price of the good by 20%. The government's revenue from the tax will be used to fund a public good. The public good will provide a benefit of ₦1000 to each consumer. If the good is consumed by 1000 consumers, what is the government's revenue from the tax?
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About This Question
This is Post Utme Aaua 2019 Economics Question 35. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.
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