Post Utme Joseph Ayo Babalola University 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Good X \costs ₦500 and Good Y \costs ₦300. U\sing the budget constraint, what is the maximum number of units of Good X the consumer can buy?

Answer Options

A. 2
Correct Answer B. 3
C. 4
D. 5
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Economics examination.

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