Post Utme Summit University 2025 Economics Question 3
Practice objective / multiple choice question 3 from the 2025 Post Utme Summit University Economics examination.
A country's demand for a good is given by the equation \( Q_d = 100 - 2P \) and the supply is given by \( Q_s = 2P - 100 \). If the government imposes a tax of ₦10 on the good, what will be the new equilibrium price?
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About This Question
This is Post Utme Summit University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.
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