Post Utme Unilorin 2020 Economics Question 19
Practice objective / multiple choice question 19 from the 2020 Post Utme Unilorin Economics examination.
A government imposes a tax on a product, cau\sing the supply curve to shift from S1 to S2. If the initial equilibrium price and quantity are ₦10 and 100 units respectively, and the new equilibrium price and quantity are ₦15 and 50 units respectively, what is the amount of tax imposed?
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About This Question
This is Post Utme Unilorin 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.
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