Post Utme Caleb University 2018 Economics Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A consumer has a budget constraint of $100 and a preference for two goods, X and Y. The prices of the two goods are $5 and $10, respectively. If the consumer sp\ends all of their budget on good X, how many units of good Y will they be able to purchase?

Answer Options

A. 0
Correct Answer B. 2
C. 4
D. 6
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Caleb University 2018 Economics Question 19. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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