Post Utme Uniport 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Uniport Economics examination.

Post Utme Uniport 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_UNIPORT • 2024 • ECONOMICS • objective

A country's government is considering a tax on imports. The tax rate is 10% and the price of the imported good is ₦100. What is the new price of the good after the tax is imposed?

Answer Options

A. ₦110
Correct Answer B. ₦120
C. ₦130
D. ₦140
Correct Answer
B
Correct Option:
₦120

About This Question

This is Post Utme Uniport 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Uniport Economics examination.

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