Post Utme Noun 2021 Economics Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Noun Economics examination.

Post Utme Noun 2021 Economics Objective / Multiple Choice
Question 31 POST_UTME_NOUN • 2021 • ECONOMICS • objective

The government of a country imposes a tariff of 20% on imported goods. If the price of the imported good is ₦100, find the price paid by the consumer.

Answer Options

A. ₦120
Correct Answer B. ₦140
C. ₦160
D. ₦180
Correct Answer
B
Correct Option:
₦140

About This Question

This is Post Utme Noun 2021 Economics Question 31. It is one of the objective questions from the 2021 Post Utme Noun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support