Post Utme Nile University 2020 Economics Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Nile University Economics examination.

Post Utme Nile University 2020 Economics Objective / Multiple Choice
Question 29 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 and the supply function is given by q = 2p - 10, what is the new consumer surplus?

Answer Options

A. ₦500
B. ₦600
C. ₦700
D. ₦800
Correct Answer
N/A

About This Question

This is Post Utme Nile University 2020 Economics Question 29. It is one of the objective questions from the 2020 Post Utme Nile University Economics examination.

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