Post Utme Rhema University 2023 Economics Question 17
Practice objective / multiple choice question 17 from the 2023 Post Utme Rhema University Economics examination.
A farmer in Nigeria produces 1000 bags of maize per year. The price of maize is ₦1500 per bag. If the government imposes a 20% tax on the sale of maize, what is the new price of maize per bag?
Answer Options
About This Question
This is Post Utme Rhema University 2023 Economics Question 17. It is one of the objective questions from the 2023 Post Utme Rhema University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.