Post Utme Futo 2024 Commerce Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Futo Commerce examination.

Post Utme Futo 2024 Commerce Objective / Multiple Choice
Question 33 POST_UTME_FUTO • 2024 • COMMERCE • objective

A consumer has a budget of ₦1000 and a demand function given by p = 2x - 1. What is the maximum quantity of the good that the consumer can buy?

Answer Options

A. 250
B. 300
Correct Answer C. 350
D. 400
Correct Answer
C
Correct Option:
350

About This Question

This is Post Utme Futo 2024 Commerce Question 33. It is one of the objective questions from the 2024 Post Utme Futo Commerce examination.

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