Post Utme Rhema University 2020 Economics Question 31
Practice objective / multiple choice question 31 from the 2020 Post Utme Rhema University Economics examination.
The government of a country decides to impose a tax on the sale of a particular commodity. The demand for the commodity is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the tax is imposed at a rate of ₦10 per unit, what will be the new equilibrium price?
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About This Question
This is Post Utme Rhema University 2020 Economics Question 31. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.
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