Post Utme Veritas University 2020 Economics Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2020 Economics Objective / Multiple Choice
Question 29 POST_UTME_VERITAS_UNIVERSITY • 2020 • ECONOMICS • objective

A government imposes a tax of ₦10 on a good with a price of ₦100. What is the deadweight loss of the tax?

Answer Options

A. ₦5
Correct Answer B. ₦10
C. ₦15
D. ₦20
Correct Answer
B
Correct Option:
₦10

About This Question

This is Post Utme Veritas University 2020 Economics Question 29. It is one of the objective questions from the 2020 Post Utme Veritas University Economics examination.

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