Post Utme Ims U 2022 Economics Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Ims U Economics examination.

Post Utme Ims U 2022 Economics Objective / Multiple Choice
Question 30 POST_UTME_IMS_U • 2022 • ECONOMICS • objective

A country's government is considering a tax on imports. If the tax rate is 10% and the price of imports is ₦100, what is the amount of tax revenue collected?

Answer Options

A. ₦10
Correct Answer B. ₦20
C. ₦30
D. ₦40
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Ims U 2022 Economics Question 30. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.

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