Post Utme Bsu 2017 Economics Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Bsu Economics examination.

Post Utme Bsu 2017 Economics Objective / Multiple Choice
Question 18 POST_UTME_BSU • 2017 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices: Q1 = ₦200, Q2 = ₦300, and Q3 = ₦400. U\sing the budget constraint, what is the maximum quantity of Q2 that the consumer can buy?

Answer Options

A. \( Q2 = 2 \)
Correct Answer B. \( Q2 = 3 \)
C. \( Q2 = 4 \)
D. \( Q2 = 5 \)
Correct Answer
B
Correct Option:
\( Q2 = 3 \)

About This Question

This is Post Utme Bsu 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Bsu Economics examination.

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