Post Utme Ksu 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_KSU • 2021 • ECONOMICS • objective

A government imposes a tax of ₦50 per unit on a good that is sold at a price of ₦200 per unit. If the demand for the good is given by Q = 100 - 2P, what is the new equilibrium price?

Answer Options

A. ₦225
B. ₦250
Correct Answer C. ₦275
D. ₦300
Correct Answer
C
Correct Option:
₦275

About This Question

This is Post Utme Ksu 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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