Post Utme Ksu 2021 Economics Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 16 POST_UTME_KSU • 2021 • ECONOMICS • objective

A government imposes a tax on imports to reduce the trade deficit. If the tax rate is 15% and the quantity of imports is 100 units, what is the total tax revenue collected?

Answer Options

Correct Answer A. ₦1500
B. ₦2000
C. ₦2500
D. ₦3000
Correct Answer
A
Correct Option:
₦1500

About This Question

This is Post Utme Ksu 2021 Economics Question 16. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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