Post Utme Veritas University 2019 Economics Question 13
Practice objective / multiple choice question 13 from the 2019 Post Utme Veritas University Economics examination.
The government of a country is considering a tax on a particular good. The demand for the good is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the government imposes a tax of 10 on the good, what is the new price elasticity of demand?
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About This Question
This is Post Utme Veritas University 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Veritas University Economics examination.
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