Post Utme Lautech 2025 Economics Question 29
Practice objective / multiple choice question 29 from the 2025 Post Utme Lautech Economics examination.
A government is considering a tax on a good that is currently untaxed. If the tax is set at 10% of the good's price, and the demand for the good is elastic, what will happen to the quantity demanded?
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About This Question
This is Post Utme Lautech 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Lautech Economics examination.
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