Post Utme Achievers University 2018 Economics Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 3 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A government is considering a tax on a particular good to raise revenue. If the tax rate is 10% and the demand for the good is given by Q = 100 - 2P, what is the optimal tax revenue?

Answer Options

A. ₦1000
B. ₦2000
Correct Answer C. ₦3000
D. ₦4000
Correct Answer
C
Correct Option:
₦3000

About This Question

This is Post Utme Achievers University 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

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