Post Utme Veritas University 2019 Economics Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2019 Economics Objective / Multiple Choice
Question 23 POST_UTME_VERITAS_UNIVERSITY • 2019 • ECONOMICS • objective

A government is considering a tax on a good with a price of ₦100 and a quantity demanded of 100 units. If the tax is ₦20 per unit, what is the deadweight loss?

Answer Options

A. ₦1,000
Correct Answer B. ₦2,000
C. ₦3,000
D. ₦4,000
Correct Answer
B
Correct Option:
₦2,000

About This Question

This is Post Utme Veritas University 2019 Economics Question 23. It is one of the objective questions from the 2019 Post Utme Veritas University Economics examination.

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