Post Utme Uniport 2017 Economics Question 14
Practice objective / multiple choice question 14 from the 2017 Post Utme Uniport Economics examination.
A government imposes a tax on a product, which increases the price of the product from ₦100 to ₦120. If the demand for the product is given by the inverse demand function \( p = 100 - 2q \), where (p) is the price and (q) is the quantity demanded, what is the new quantity demanded?
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About This Question
This is Post Utme Uniport 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.
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