Post Utme Al Hikmah University 2022 Economics Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2022 Economics Objective / Multiple Choice
Question 1 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ECONOMICS • objective

A country's government imposes a 10% tax on all imports. If the price of a good is $100 and the tax is $15, what is the consumer's surplus?

Answer Options

Correct Answer A. $15
B. $20
C. $25
D. $30
Correct Answer
A
Correct Option:
$15

About This Question

This is Post Utme Al Hikmah University 2022 Economics Question 1. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Economics examination.

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