Post Utme Pan Atlantic University 2022 Economics Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice
Question 5 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ECONOMICS • objective

Suppose the Nigerian government imposes a tariff on imported goods. If the tariff is 20% and the price of the imported good is 100, what will be the new price of the good?

Answer Options

A. 80
B. 100
Correct Answer C. 120
D. 140
Correct Answer
C
Correct Option:
120

About This Question

This is Post Utme Pan Atlantic University 2022 Economics Question 5. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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