Post Utme Osustech 2023 Economics Question 39
Practice objective / multiple choice question 39 from the 2023 Post Utme Osustech Economics examination.
The government of Nigeria is considering a tax on sugar to reduce consumption. If the demand for sugar is given by the equation \( Q = 100 - 2P \) and the supply of sugar is given by the equation \( Q = 2P - 20 \), what is the optimal tax rate to impose on sugar?
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About This Question
This is Post Utme Osustech 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Osustech Economics examination.
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