Post Utme Nile University 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Nile University Economics examination.

Post Utme Nile University 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2020 • ECONOMICS • objective

A government imposes a tax of ₦10 on a product. If the demand function for the product is given by q = 100 - 2p, what is the new demand function?

Answer Options

A. q = 100 - 2p
Correct Answer B. q = 100 - 4p
C. q = 100 + 2p
D. q = 100 + 4p
Correct Answer
B
Correct Option:
q = 100 - 4p

About This Question

This is Post Utme Nile University 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Nile University Economics examination.

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