Post Utme Uniben 2020 Economics Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Uniben Economics examination.

Post Utme Uniben 2020 Economics Objective / Multiple Choice
Question 32 POST_UTME_UNIBEN • 2020 • ECONOMICS • objective

A government decides to impose a tax of ₦5 per unit on a commodity. If the demand for the commodity is given by Qd = 100 - 2P and the supply is given by Qs = 2P - 10, find the new equilibrium price and quantity.

Answer Options

A. ₦60
B. ₦65
Correct Answer C. ₦70
D. ₦75
Correct Answer
C
Correct Option:
₦70

About This Question

This is Post Utme Uniben 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Uniben Economics examination.

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