Post Utme Bowen University 2018 Economics Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2018 Economics Objective / Multiple Choice
Question 23 POST_UTME_BOWEN_UNIVERSITY • 2018 • ECONOMICS • objective

The government of Nigeria has implemented a tax on imported goods. The tax is ₦5 per unit of the good. If a firm imports 100 units of the good, what is the total tax paid?

Answer Options

Correct Answer A. ₦500
B. ₦1,000
C. ₦2,000
D. ₦5,000
Correct Answer
A
Correct Option:
₦500

About This Question

This is Post Utme Bowen University 2018 Economics Question 23. It is one of the objective questions from the 2018 Post Utme Bowen University Economics examination.

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