Post Utme Lasu 2023 Economics Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Lasu Economics examination.

Post Utme Lasu 2023 Economics Objective / Multiple Choice
Question 28 POST_UTME_LASU • 2023 • ECONOMICS • objective

The government of a country imposes a tax on a particular good. The demand for the good is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the tax is 10, what is the new equilibrium price?

Answer Options

A. 40
B. 45
Correct Answer C. 50
D. 55
Correct Answer
C
Correct Option:
50

About This Question

This is Post Utme Lasu 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Lasu Economics examination.

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