Post Utme Bowen University 2017 Economics Question 23
Practice objective / multiple choice question 23 from the 2017 Post Utme Bowen University Economics examination.
The government of a country imposes a tax on a particular good, which increases the price of the good by 20%. If the demand for the good is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price, what is the new demand equation after the tax is imposed?
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About This Question
This is Post Utme Bowen University 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.
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