Post Utme Nile University 2019 Economics Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 23 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A government imposes a tax of 10% on a product. If the price of the product is ₦100 per unit, what is the tax revenue collected by the government?

Answer Options

A. ₦10
Correct Answer B. ₦20
C. ₦30
D. ₦40
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Nile University 2019 Economics Question 23. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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