Post Utme Bells University 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Bells University Economics examination.

Post Utme Bells University 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_BELLS_UNIVERSITY • 2018 • ECONOMICS • objective

A consumer has a budget of ₦500 and faces the following prices for two goods: good X \costs ₦100 and good Y \costs ₦200. If the consumer sp\ends 40% of their budget on good X, how much will they sp\end on good Y?

Answer Options

A. ₦100
B. ₦150
C. ₦200
Correct Answer D. ₦250
Correct Answer
D
Correct Option:
₦250

About This Question

This is Post Utme Bells University 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.

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