Post Utme Abu 2022 Economics Question 26

Practice objective / multiple choice question 26 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 26 POST_UTME_ABU • 2022 • ECONOMICS • objective

A government imposes a tax on a good, cau\sing the supply curve to shift to the left. If the original supply curve was Qs = 100 - 2P and the tax causes the new supply curve to be Qs = 80 - 2P, find the new equilibrium price and quantity.

Answer Options

A. ₦60
B. ₦70
Correct Answer C. ₦80
D. ₦90
Correct Answer
C
Correct Option:
₦80

About This Question

This is Post Utme Abu 2022 Economics Question 26. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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