Post Utme Futa 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A country's government is considering a tax on a particular good. If the tax is $5 per unit, and the demand curve for the good is given by Q = 100 - 2P, where P is the price, what is the new equilibrium price?

Answer Options

A. $5
Correct Answer B. $10
C. $15
D. $20
Correct Answer
B
Correct Option:
$10

About This Question

This is Post Utme Futa 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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