Post Utme Abu 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_ABU • 2022 • ECONOMICS • objective

A consumer has a budget of ₦100 and a preference for two goods, A and B. The prices of the goods are ₦20 and ₦30 respectively. If the consumer sp\ends all their budget on the two goods, find the quantity of each good consumed.

Answer Options

Correct Answer A. 5 units of A and 3 units of B
B. 3 units of A and 5 units of B
C. 4 units of A and 4 units of B
D. 2 units of A and 6 units of B
Correct Answer
A
Correct Option:
5 units of A and 3 units of B

About This Question

This is Post Utme Abu 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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