Post Utme Uniben 2018 Economics Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Uniben Economics examination.

Post Utme Uniben 2018 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNIBEN • 2018 • ECONOMICS • objective

A government imposes a tax of ₦10 on every unit of a good. The supply function is given by Q = 50 + 2P. If the equilibrium price and quantity are affected, what is the new equilibrium price?

Answer Options

A. ₦20
B. ₦25
Correct Answer C. ₦30
D. ₦35
Correct Answer
C
Correct Option:
₦30

About This Question

This is Post Utme Uniben 2018 Economics Question 17. It is one of the objective questions from the 2018 Post Utme Uniben Economics examination.

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