Post Utme Oau 2023 Economics Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Oau Economics examination.

Post Utme Oau 2023 Economics Objective / Multiple Choice
Question 32 POST_UTME_OAU • 2023 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a good. If the demand curve for the good is given by \( Q = 100 - 2P \), and the supply curve is given by \( Q = 2P - 10 \), what is the new equilibrium price?

Answer Options

A. ₦20
Correct Answer B. ₦15
C. ₦25
D. ₦30
Correct Answer
B
Correct Option:
₦15

About This Question

This is Post Utme Oau 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Oau Economics examination.

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