Post Utme Osustech 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Osustech Economics examination.

Post Utme Osustech 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_OSUSTECH • 2024 • ECONOMICS • objective

A government has a budget constraint of ₦1000 and a tax rate of 20%. If the government wants to maximize its revenue, what is the optimal level of taxation?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Osustech 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.

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