Post Utme Rsu 2017 Economics Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Rsu Economics examination.

Post Utme Rsu 2017 Economics Objective / Multiple Choice
Question 29 POST_UTME_RSU • 2017 • ECONOMICS • objective

A government is considering a tax on a particular good. The supply curve of the good is given by Q = 100 + 2P and the demand curve is given by Q = 200 - 3P. If the tax is ₦10 per unit, what will be the new equilibrium price?

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Rsu 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.

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