Post Utme Bowen University 2024 Economics Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2024 Economics Objective / Multiple Choice
Question 30 POST_UTME_BOWEN_UNIVERSITY • 2024 • ECONOMICS • objective

A government imposes a tax of $10 on a firm's output. If the firm's output is 100 units and the tax is passed on to consumers, what is the new price of the output?

Answer Options

A. $110
B. $120
Correct Answer C. $130
D. $140
Correct Answer
C
Correct Option:
$130

About This Question

This is Post Utme Bowen University 2024 Economics Question 30. It is one of the objective questions from the 2024 Post Utme Bowen University Economics examination.

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