Post Utme Unilorin 2017 Economics Question 12
Practice objective / multiple choice question 12 from the 2017 Post Utme Unilorin Economics examination.
A government is considering a tax on a particular good. The supply curve of the good is given by Q = 2P + 5, and the demand curve is given by Q = 100 - 2P. If the government imposes a tax of $5 per unit, what is the new equilibrium price?
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About This Question
This is Post Utme Unilorin 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Unilorin Economics examination.
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