Post Utme Ims U 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

The government of a country imposes a tariff of 20% on imported goods. If the price of the imported good is $100, what is the new price after the tariff is imposed?

Answer Options

Correct Answer A. $120
B. $120.00
C. $120.00
D. $120.00
Correct Answer
A
Correct Option:
$120

About This Question

This is Post Utme Ims U 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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