Post Utme Ksu 2019 Economics Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2019 • ECONOMICS • objective

A government imposes a tax of ₦10 on a good. If the demand for the good is given by the equation Qd = 100 - 2P and the supply is given by Qs = 2P - 10, what is the new equilibrium price?

Answer Options

A. ₦60
B. ₦70
Correct Answer C. ₦80
D. ₦90
Correct Answer
C
Correct Option:
₦80

About This Question

This is Post Utme Ksu 2019 Economics Question 35. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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