Post Utme Ui 2023 Economics Question 31
Practice objective / multiple choice question 31 from the 2023 Post Utme Ui Economics examination.
A government is considering implementing a new tax on a particular good. The tax is expected to increase the price of the good by 10%. If the demand for the good is given by Q = 100 - 2P, and the initial price is P = 5, what is the new price of the good after the tax is implemented?
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About This Question
This is Post Utme Ui 2023 Economics Question 31. It is one of the objective questions from the 2023 Post Utme Ui Economics examination.
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