Post Utme Joseph Ayo Babalola University 2022 Economics Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2022 Economics Objective / Multiple Choice
Question 10 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2Q + 3P = 30, where Q is the quantity consumed and P is the price. If the price of the good is $5, how many units will the consumer consume?

Answer Options

A. 5
Correct Answer B. 6
C. 7
D. 8
Correct Answer
B
Correct Option:
6

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

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