Post Utme Nile University 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Nile University Economics examination.

Post Utme Nile University 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_NILE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's government is considering implementing a tax on a particular good. The tax will increase the price of the good by 20%. If the current price of the good is $10, what will be the new price of the good after the tax is implemented?

Answer Options

Correct Answer A. $12
B. $10
C. $8
D. $6
Correct Answer
A
Correct Option:
$12

About This Question

This is Post Utme Nile University 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Nile University Economics examination.

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