Post Utme Ims U 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Ims U Economics examination.

Post Utme Ims U 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_IMS_U • 2022 • ECONOMICS • objective

A consumer is faced with a choice between two different brands of smartphones. Brand A \costs ₦150,000 and has a screen size of 6 inches, while Brand B \costs ₦120,000 and has a screen size of 5 inches. U\sing the concept of utility, explain why the consumer may prefer Brand A over Brand B.

Answer Options

Correct Answer A. The consumer prefers Brand A because it has a larger screen size, which provides more utility.
B. The consumer prefers Brand A because it is more expensive, which means it has a higher quality.
C. The consumer prefers Brand A because it has a higher price-to-screen-size ratio, which means it is more efficient.
D. The consumer prefers Brand A because it has a lower price-to-screen-size ratio, which means it is less efficient.
Correct Answer
A
Correct Option:
The consumer prefers Brand A because it has a larger screen size, which provides more utility.

About This Question

This is Post Utme Ims U 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.

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