Post Utme Unilag 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Unilag Economics examination.

Post Utme Unilag 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNILAG • 2020 • ECONOMICS • objective

A government imposes a tax of ₦10 on a good. If the pre-tax price of the good is ₦20, and the demand curve is given by Q = 100 - 2P, what is the new equilibrium price?

Answer Options

A. ₦30
Correct Answer B. ₦35
C. ₦40
D. ₦45
Correct Answer
B
Correct Option:
₦35

About This Question

This is Post Utme Unilag 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Unilag Economics examination.

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