Post Utme Uniosun 2024 Economics Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 8 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

Suppose the government imposes a tax of ₦10 per unit on a firm that produces a good. The firm's supply function is given by q = 100 - 2p. If the firm is willing to pay ₦5 per unit for the good, calculate the quantity supplied.

Answer Options

A. 40
B. 50
Correct Answer C. 60
D. 70
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Uniosun 2024 Economics Question 8. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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