Post Utme Achievers University 2019 Commerce Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2019 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • COMMERCE • objective

A consumer has a budget of ₦1,000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300, respectively. If the consumer spends all of their budget on the two goods, what is the quantity of good A consumed?

Answer Options

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

About This Question

This is Post Utme Achievers University 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Achievers University Commerce examination.

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