Post Utme Ims U 2024 Economics Question 39
Practice objective / multiple choice question 39 from the 2024 Post Utme Ims U Economics examination.
A government is considering a tax on a particular good. The demand for the good is given by Q_d = 100 - 2P, where Q_d is the quantity demanded and P is the price. The supply of the good is given by Q_s = 2P, where Q_s is the quantity supplied. If the government imposes a tax of 5 on the good, what is the new equilibrium price and quantity?
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About This Question
This is Post Utme Ims U 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.
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