Post Utme Oau 2022 Economics Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2022 • ECONOMICS • objective

A government imposes a tax of 10 on a commodity. The demand curve for the commodity is given by Qd = 100 - 2P and the supply curve is given by Qs = 2P - 100. What is the new equilibrium price?

Answer Options

A. 20
B. 25
Correct Answer C. 30
D. 35
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Oau 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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