Post Utme Futa 2024 Commerce Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Futa Commerce examination.

Post Utme Futa 2024 Commerce Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2024 • COMMERCE • objective

A consumer has a budget of ₦100,000 and a preference for two goods, A and B. The prices of the goods are ₦20,000 and ₦30,000, respectively. If the consumer spends all their budget on good A, what is the maximum amount they can spend on good B?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Futa 2024 Commerce Question 28. It is one of the objective questions from the 2024 Post Utme Futa Commerce examination.

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