Post Utme Nile University 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a product. If the price of the product is ₦50 per unit, what is the tax revenue collected by the government?

Answer Options

A. ₦100
Correct Answer B. ₦500
C. ₦1000
D. ₦5000
Correct Answer
B
Correct Option:
₦500

About This Question

This is Post Utme Nile University 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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