Post Utme Esut 2020 Economics Question 26
Practice objective / multiple choice question 26 from the 2020 Post Utme Esut Economics examination.
The government of a country decides to impose a tax on a particular good. The demand for the good is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. The supply of the good is given by the equation Q = 2P - 100. If the government imposes a tax of ₦10 per unit on the good, what will be the new equilibrium price and quantity?
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About This Question
This is Post Utme Esut 2020 Economics Question 26. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.
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