Post Utme Rsu 2022 Economics Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Rsu Economics examination.

Post Utme Rsu 2022 Economics Objective / Multiple Choice
Question 2 POST_UTME_RSU • 2022 • ECONOMICS • objective

A government imposes a tax on a firm's output. If the firm's pre-tax price is ₦100 and the tax rate is 20%, what is the firm's new price?

Answer Options

A. ₦80
Correct Answer B. ₦90
C. ₦100
D. ₦110
Correct Answer
B
Correct Option:
₦90

About This Question

This is Post Utme Rsu 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Rsu Economics examination.

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