Post Utme Elizade University 2021 Commerce Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Elizade University Commerce examination.
A consumer has a budget of ₦1000 to spend on two goods, X and Y. The price of good X is ₦200, and the price of good Y is ₦300. If the consumer spends all of their budget on the two goods, what is the maximum amount of good Y that the consumer can buy?
Answer Options
About This Question
This is Post Utme Elizade University 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Elizade University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.