Post Utme Nile University 2018 Economics Question 20
Practice objective / multiple choice question 20 from the 2018 Post Utme Nile University Economics examination.
A government is considering a tax on a particular good. The pre-tax demand curve for the good is given by \( Q = 100 - 2P \), and the pre-tax supply curve is given by \( Q = 2P \). If the government imposes a tax of \( t = 5 \), what is the new equilibrium price and quantity?
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About This Question
This is Post Utme Nile University 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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