Post Utme Abu 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Abu Economics examination.

Post Utme Abu 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_ABU • 2018 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Good X \costs ₦200 and Good Y \costs ₦300. Which of the following is a possible combination of goods that the consumer can purchase?

Answer Options

A. Good X: 2 units, Good Y: 1 unit
Correct Answer B. Good X: 3 units, Good Y: 0 units
C. Good X: 1 unit, Good Y: 2 units
D. Good X: 0 units, Good Y: 3 units
Correct Answer
B
Correct Option:
Good X: 3 units, Good Y: 0 units

About This Question

This is Post Utme Abu 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.

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