Post Utme Bowen University 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A country's government is considering a tax on a particular good. If the tax is $2 per unit and the demand for the good is given by Q = 100 - 2P, what is the new equilibrium price?

Answer Options

A. $48
B. $50
Correct Answer C. $52
D. $54
Correct Answer
C
Correct Option:
$52

About This Question

This is Post Utme Bowen University 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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