Post Utme Joseph Ayo Babalola University 2025 Economics Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 22 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has a budget of ₦50,000 per month for entertainment. The consumer has the following options for entertainment: a movie ticket that \costs ₦2,000, a concert ticket that \costs ₦5,000, and a dinner at a restaurant that \costs ₦10,000. U\sing the concept of utility, which option will the consumer choose?

Answer Options

Correct Answer A. Movie ticket
B. Concert ticket
C. Dinner at a restaurant
D. None of the above
Correct Answer
A
Correct Option:
Movie ticket

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 22. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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