Post Utme Abu 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Abu Economics examination.

Post Utme Abu 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_ABU • 2019 • ECONOMICS • objective

The concept of consumer behavior is closely related to the concept of utility. Which of the following best describes the relationship between consumer behavior and utility?

Answer Options

Correct Answer A. Consumer behavior is the study of how consumers make decisions about what products to buy.
B. Consumer behavior is the study of how consumers make decisions about how much to sp\end on products.
C. Consumer behavior is the study of how consumers make decisions about which products to buy.
D. Consumer behavior is the study of how consumers make decisions about when to buy products.
Correct Answer
A
Correct Option:
Consumer behavior is the study of how consumers make decisions about what products to buy.

About This Question

This is Post Utme Abu 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Abu Economics examination.

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