Post Utme Lead City University 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2022 Economics Objective / Multiple Choice
Question 19 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

A firm has a demand function Qd = 100 - 2P and a supply function Qs = 50 + 3P. Determine the deadweight loss of a tax of ₦10 per unit.

Answer Options

A. ₦100
B. ₦200
Correct Answer C. ₦300
D. ₦400
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Lead City University 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Lead City University Economics examination.

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