Post Utme Afe Babalola University 2025 Commerce Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2025 Commerce Objective / Multiple Choice
Question 28 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • COMMERCE • objective

A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300 respectively. If the consumer spends all their budget on good A, how much of good B can they afford?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Afe Babalola University 2025 Commerce Question 28. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Commerce examination.

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