Post Utme Al Hikmah University 2022 Commerce Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2022 Commerce Objective / Multiple Choice
Question 33 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • COMMERCE • objective

A consumer has a budget constraint of 100 units of currency and a preference for two goods, A and B. The prices of the goods are 5 units and 3 units, respectively. If the consumer spends 80 units on good A, how much will they have left to spend on good B?

Answer Options

A. 20 units
Correct Answer B. 30 units
C. 40 units
D. 50 units
Correct Answer
B
Correct Option:
30 units

About This Question

This is Post Utme Al Hikmah University 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Commerce examination.

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