Post Utme Uniport 2017 Economics Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Uniport Economics examination.

Post Utme Uniport 2017 Economics Objective / Multiple Choice
Question 37 POST_UTME_UNIPORT • 2017 • ECONOMICS • objective

A government imposes a tax of ₦50 on a good that is sold at a price of ₦200. If the demand for the good is given by \( Q = 100 - 2P \), what is the new equilibrium price?

Answer Options

A. ₦150
Correct Answer B. ₦175
C. ₦200
D. ₦225
Correct Answer
B
Correct Option:
₦175

About This Question

This is Post Utme Uniport 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.

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