Post Utme Unn 2018 Economics Question 3
Practice objective / multiple choice question 3 from the 2018 Post Utme Unn Economics examination.
A government is considering implementing a tax on a particular good. The demand function for the good is given by Qd = 100 - 2P and the supply function is given by Qs = 2P - 10. If the government wants to raise revenue of ₦1000, determine the optimal tax rate.
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About This Question
This is Post Utme Unn 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Unn Economics examination.
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