Post Utme Bsu 2023 Commerce Question 7
Practice objective / multiple choice question 7 from the 2023 Post Utme Bsu Commerce examination.
A consumer's budget constraint is given by P1X + P2Y = I, where P1 and P2 are the prices of two goods, X and Y are the quantities consumed, and I is the consumer's income. If the consumer's income is ₦1000, and the prices of the two goods are ₦5 and ₦10 respectively, what is the consumer's budget line?
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About This Question
This is Post Utme Bsu 2023 Commerce Question 7. It is one of the objective questions from the 2023 Post Utme Bsu Commerce examination.
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