Post Utme Madonna University 2023 Economics Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2023 Economics Objective / Multiple Choice
Question 27 POST_UTME_MADONNA_UNIVERSITY • 2023 • ECONOMICS • objective

A government imposes a tax of ₦10 on every unit of a good. The pre-tax price of the good is ₦50. What is the new price of the good after the tax is imposed?

Answer Options

A. ₦55
B. ₦60
Correct Answer C. ₦65
D. ₦70
Correct Answer
C
Correct Option:
₦65

About This Question

This is Post Utme Madonna University 2023 Economics Question 27. It is one of the objective questions from the 2023 Post Utme Madonna University Economics examination.

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