Post Utme Unilag 2024 Economics Question 28
Practice objective / multiple choice question 28 from the 2024 Post Utme Unilag Economics examination.
A government is considering implementing a new tax on a particular good. The tax will be levied at a rate of 10% on the price of the good. If the price of the good is ₦100, and the government expects to collect ₦1,000,000 in tax revenue, what is the total quantity of the good sold?
Answer Options
About This Question
This is Post Utme Unilag 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.