Post Utme Bowen University 2018 Commerce Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2018 Commerce Objective / Multiple Choice
Question 20 POST_UTME_BOWEN_UNIVERSITY • 2018 • COMMERCE • objective

A consumer has a budget of ₦5,000 to spend on two products, A and B. The price of product A is ₦2,000, and the price of product B is ₦2,500. If the consumer spends all the budget on the two products, what is the maximum amount that can be spent on product B?

Answer Options

A. ₦2,000
B. ₦2,500
Correct Answer C. ₦3,000
D. ₦3,500
Correct Answer
C
Correct Option:
₦3,000

About This Question

This is Post Utme Bowen University 2018 Commerce Question 20. It is one of the objective questions from the 2018 Post Utme Bowen University Commerce examination.

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