Post Utme Bells University 2018 Economics Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Bells University Economics examination.

Post Utme Bells University 2018 Economics Objective / Multiple Choice
Question 37 POST_UTME_BELLS_UNIVERSITY • 2018 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: good X \costs ₦200 and good Y \costs ₦300. If the consumer sp\ends 60% of their budget on good X, how much will they sp\end on good Y?

Answer Options

A. ₦300
B. ₦400
Correct Answer C. ₦500
D. ₦600
Correct Answer
C
Correct Option:
₦500

About This Question

This is Post Utme Bells University 2018 Economics Question 37. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.

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