Post Utme Igbinedion University 2017 Economics Question 39

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

Post Utme Igbinedion University 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ECONOMICS • objective

A government imposes a specific tax on a good, which results in a deadweight loss of 10% of the initial consumer surplus. If the initial consumer surplus is ₦1000, what is the amount of the deadweight loss?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

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

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