Post Utme Lautech 2017 Economics Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Lautech Economics examination.

Post Utme Lautech 2017 Economics Objective / Multiple Choice
Question 17 POST_UTME_LAUTECH • 2017 • ECONOMICS • objective

A government imposes a tax of 10% on a good. If the price of the good is $100, what is the new price after the tax is imposed?

Answer Options

A. $90
B. $100
Correct Answer C. $110
D. $120
Correct Answer
C
Correct Option:
$110

About This Question

This is Post Utme Lautech 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Lautech Economics examination.

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