Post Utme Joseph Ayo Babalola University 2022 Economics Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2022 Economics Objective / Multiple Choice
Question 27 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A government imposes a tax on a firm's output. If the firm's pre-tax price is ₦100 and the tax rate is 10%, what will be the firm's post-tax price?

Answer Options

A. ₦90
B. ₦95
C. ₦100
Correct Answer D. ₦105
Correct Answer
D
Correct Option:
₦105

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Economics Question 27. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

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