Post Utme Joseph Ayo Babalola University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

A consumer has a budget constraint of 100, with two goods: X and Y. The price of good X is 5, and the price of good Y is 10. If the consumer spends 80 on good X, how much is left for good Y?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support