Post Utme Elizade University 2020 Economics Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Elizade University Economics examination.
A country's government has decided to implement a new tax on all imported goods. The tax rate is 15% of the good's value. If a consumer buys a pair of shoes worth ₦15,000, and the tax rate is increased to 20%, how much more tax will they pay?
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About This Question
This is Post Utme Elizade University 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Elizade University Economics examination.
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