Post Utme Eksu 2018 Economics Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice
Question 35 POST_UTME_EKSU • 2018 • ECONOMICS • objective

A firm's budget function is given by B = 1000 + 0.5Y, where B is the budget and Y is the national income. If the firm's national income is 10,000, what is the budget?

Answer Options

A. 5000
Correct Answer B. 6000
C. 7000
D. 8000
Correct Answer
B
Correct Option:
6000

About This Question

This is Post Utme Eksu 2018 Economics Question 35. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.

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