Post Utme Ims U 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Ims U Commerce examination.

Post Utme Ims U 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_IMS_U • 2019 • COMMERCE • objective

A consumer's budget constraint is given by the equation: 2x + 3y = 60, where x and y are the quantities of two goods. If the consumer's income is ₦60 and the price of good x is ₦2, what is the maximum quantity of good y that the consumer can buy?

Answer Options

A. 10 units
Correct Answer B. 15 units
C. 20 units
D. 25 units
Correct Answer
B
Correct Option:
15 units

About This Question

This is Post Utme Ims U 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.

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