Post Utme Osustech 2017 Economics Question 12
Practice objective / multiple choice question 12 from the 2017 Post Utme Osustech Economics examination.
A government is considering a tax on a particular good. The supply curve for the good is given by ( S(p) = 2p ), and the demand curve is given by ( D(p) = 100 - p ). If the government imposes a tax of \( T = 5 \) on the producer, what will be the new equilibrium price?
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About This Question
This is Post Utme Osustech 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.
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