Post Utme Wellspring University 2023 Economics Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2023 Economics Objective / Multiple Choice
Question 4 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ECONOMICS • objective

A government is considering impo\sing a tax on a particular good. The supply curve of the good is given by Q = 100 + 2P, and the demand curve is given by Q = 100 - 2P. What is the deadweight loss of the tax?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Wellspring University 2023 Economics Question 4. It is one of the objective questions from the 2023 Post Utme Wellspring University Economics examination.

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