Post Utme Pan Atlantic University 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2018 Economics Objective / Multiple Choice
Question 12 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • ECONOMICS • objective

A government imposes a tax of ₦50 per unit on a firm's output. If the firm's demand function is Q = 100 - 2P and the supply function is Q = 2P - 10, calculate the deadweight loss of the tax.

Answer Options

A. ₦100
B. ₦200
Correct Answer C. ₦300
D. ₦400
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Pan Atlantic University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Economics examination.

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