Post Utme Bsu 2021 Economics Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 3 POST_UTME_BSU • 2021 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices: Q_A = ₦200, Q_B = ₦300, and Q_C = ₦400. U\sing the indifference curve framework, determine the optimal consumption bundle.

Answer Options

Correct Answer A. (2, 1)
B. (1, 2)
C. (3, 0)
D. (0, 3)
Correct Answer
A
Correct Option:
(2, 1)

About This Question

This is Post Utme Bsu 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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