Post Utme Bells University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Bells University Commerce examination.

Post Utme Bells University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_BELLS_UNIVERSITY • 2019 • COMMERCE • objective

A consumer has a budget of ₦500 and a preference for two goods: A and B. The prices of these goods are ₦100 and ₦200 respectively. If the consumer spends all their budget on good B, how much of good A can they afford?

Answer Options

A. ₦50
Correct Answer B. ₦100
C. ₦150
D. ₦200
Correct Answer
B
Correct Option:
₦100

About This Question

This is Post Utme Bells University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Bells University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support