Post Utme Aaua 2022 Commerce Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Aaua Commerce examination.

Post Utme Aaua 2022 Commerce Objective / Multiple Choice
Question 9 POST_UTME_AAUA • 2022 • COMMERCE • objective

A firm has a budget constraint of ₦100000, and wants to maximize its profit. If the price of good X is ₦200, and the price of good Y is ₦300, and the firm produces 20 units of good X and 10 units of good Y, what is the maximum profit?

Answer Options

A. ₦20000
Correct Answer B. ₦25000
C. ₦30000
D. ₦35000
Correct Answer
B
Correct Option:
₦25000

About This Question

This is Post Utme Aaua 2022 Commerce Question 9. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.

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