Post Utme Crawford University 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A government imposes a tax of ₦10 on a product. If the demand for the product is given by the equation Qd = 100 - 2P and the supply curve is given by the equation Qs = 50 + 2P, what is the new equilibrium price?

Answer Options

A. ₦20
B. ₦25
Correct Answer C. ₦30
D. ₦35
Correct Answer
C
Correct Option:
₦30

About This Question

This is Post Utme Crawford University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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