Post Utme Uniben 2019 Economics Question 13
Practice objective / multiple choice question 13 from the 2019 Post Utme Uniben Economics examination.
The government of a country imposes a tax of ₦10 per unit on a good. The supply function of the good is given by Qs = 100 + 2P, where Qs is the quantity supplied and P is the price. If the demand function is given by Qd = 100 - 2P, find the equilibrium price and quantity.
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About This Question
This is Post Utme Uniben 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Uniben Economics examination.
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