Post Utme Elizade University 2023 Economics Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice
Question 21 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

A consumer has a budget of ₦10,000 and wants to buy two goods, A and B. The price of good A is ₦2,000 and the price of good B is ₦3,000. If the consumer sp\ends all their budget, what is the maximum quantity of good B that can be bought?

Answer Options

A. 2 units
Correct Answer B. 3 units
C. 4 units
D. 5 units
Correct Answer
B
Correct Option:
3 units

About This Question

This is Post Utme Elizade University 2023 Economics Question 21. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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