Post Utme Pan Atlantic University 2021 Economics Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2021 Economics Objective / Multiple Choice
Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a good. If the supply curve is given by Q = 100 - 2P and the demand curve is given by Q = 200 - P, what is the new equilibrium price?

Answer Options

A. ₦10
B. ₦15
Correct Answer C. ₦20
D. ₦25
Correct Answer
C
Correct Option:
₦20

About This Question

This is Post Utme Pan Atlantic University 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Economics examination.

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