Post Utme Coal City University 2025 Economics Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 2 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A government is considering a tax on a particular good. The supply and demand curves for the good are given by Qs = 100 - 2P and Qd = 150 + 3P, respectively. If the government imposes a tax of ₦10 per unit on the good, what is the new equilibrium price?

Answer Options

A. ₦20
B. ₦30
Correct Answer C. ₦40
D. ₦50
Correct Answer
C
Correct Option:
₦40

About This Question

This is Post Utme Coal City University 2025 Economics Question 2. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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