Post Utme Aaua 2024 Economics Question 43

Practice objective / multiple choice question 43 from the 2024 Post Utme Aaua Economics examination.

Post Utme Aaua 2024 Economics Objective / Multiple Choice
Question 43 POST_UTME_AAUA • 2024 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a good. If the demand for the good is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price, what is the new equilibrium price?

Answer Options

A. ₦40
Correct Answer B. ₦45
C. ₦50
D. ₦55
Correct Answer
B
Correct Option:
₦45

About This Question

This is Post Utme Aaua 2024 Economics Question 43. It is one of the objective questions from the 2024 Post Utme Aaua Economics examination.

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