Post Utme Delsu 2018 Economics Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Delsu Economics examination.

Post Utme Delsu 2018 Economics Objective / Multiple Choice

Question 14 POST_UTME_DELSU • 2018 • ECONOMICS • objective

A government imposes a tax on a good, cau\sing the supply curve to shift from S1 to S2. The demand curve is given by Q = 100 - 2P. Find the new equilibrium price and quantity.

Correct Answer A. P = 40, Q = 30

B. P = 50, Q = 20

C. P = 60, Q = 10

D. P = 70, Q = 5

Correct Answer

Correct Option:

P = 40, Q = 30

This is Post Utme Delsu 2018 Economics Question 14. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.

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