Post Utme Al Hikmah University 2020 Economics Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2020 Economics Objective / Multiple Choice
Question 4 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ECONOMICS • objective

A government imposes a tax of 10% on a good. If the price of the good is $100, what is the new price of the good after the tax is imposed?

Answer Options

A. $90
B. $100
Correct Answer C. $110
D. $120
Correct Answer
C
Correct Option:
$110

About This Question

This is Post Utme Al Hikmah University 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Economics examination.

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