Post Utme Al Hikmah University 2021 Economics Question 39
Practice objective / multiple choice question 39 from the 2021 Post Utme Al Hikmah University Economics examination.
A government is considering a tax on a particular good. If the tax increases the price of the good by 20% and the demand for the good is given by \( Q = 100 - 2P \), what is the new equilibrium price and quantity of the good?
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About This Question
This is Post Utme Al Hikmah University 2021 Economics Question 39. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.
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