Post Utme Ui 2019 Economics Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Ui Economics examination.

Post Utme Ui 2019 Economics Objective / Multiple Choice
Question 34 POST_UTME_UI • 2019 • ECONOMICS • objective

A government imposes a tax of ₦10 per unit on a good. The demand function for the good is given by Q = 100 - 2P. Find the new equilibrium price and quantity.

Answer Options

Correct Answer A. P = 20, Q = 40
B. P = 30, Q = 50
C. P = 40, Q = 60
D. P = 50, Q = 70
Correct Answer
A
Correct Option:
P = 20, Q = 40

About This Question

This is Post Utme Ui 2019 Economics Question 34. It is one of the objective questions from the 2019 Post Utme Ui Economics examination.

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