Post Utme Ksu 2024 Commerce Question 38
Practice objective / multiple choice question 38 from the 2024 Post Utme Ksu Commerce examination.
A consumer's budget constraint is given by P1Q1 + P2Q2 = 100. If the prices of goods 1 and 2 are P1 = 10 and P2 = 20, respectively, and the consumer spends 80 on good 1, how much does the consumer spend on good 2?
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About This Question
This is Post Utme Ksu 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Ksu Commerce examination.
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