Post Utme Caleb University 2017 Economics Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2017 Economics Objective / Multiple Choice
Question 5 POST_UTME_CALEB_UNIVERSITY • 2017 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a good. If the pre-tax price of the good is ₦50, what will be the new price of the good?

Answer Options

A. ₦40
B. ₦50
Correct Answer C. ₦60
D. ₦70
Correct Answer
C
Correct Option:
₦60

About This Question

This is Post Utme Caleb University 2017 Economics Question 5. It is one of the objective questions from the 2017 Post Utme Caleb University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support