Post Utme Eksu 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Eksu Economics examination.

Post Utme Eksu 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2017 • ECONOMICS • objective

A government imposes a tax of ₦10 on a good that is sold at a price of ₦100. If the demand for the good is given by the equation \( Q = 100 - 2P \), what is the new equilibrium price?

Answer Options

A. ₦90
Correct Answer B. ₦95
C. ₦100
D. ₦105
Correct Answer
B
Correct Option:
₦95

About This Question

This is Post Utme Eksu 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Eksu Economics examination.

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