Post Utme Elizade University 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's tax liability is given by the equation T = 0.2I, where I is the firm's income. If the firm's income is ₦1000 million, what is the firm's tax liability?

Answer Options

Correct Answer A. ₦200 million
B. ₦250 million
C. ₦300 million
D. ₦350 million
Correct Answer
A
Correct Option:
₦200 million

About This Question

This is Post Utme Elizade University 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.

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