Post Utme Redeemers University 2023 Economics Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice
Question 5 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

A government imposes a tax of $10 per unit on a good that is currently priced at $20 per unit. What is the new price of the good after the tax is imposed?

Answer Options

A. $15
B. $20
Correct Answer C. $25
D. $30
Correct Answer
C
Correct Option:
$25

About This Question

This is Post Utme Redeemers University 2023 Economics Question 5. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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