Post Utme Coal City University 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A consumer is faced with a budget constraint of 100 units of currency and two goods, A and B. The prices of A and B are 5 and 10 units of currency respectively. What is the consumer's budget line equation?

Answer Options

A. 10X + 5Y = 100
Correct Answer B. 5X + 10Y = 100
C. 10X - 5Y = 100
D. 5X - 10Y = 100
Correct Answer
B
Correct Option:
5X + 10Y = 100

About This Question

This is Post Utme Coal City University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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