Post Utme Lasu 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Lasu Economics examination.

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_LASU • 2018 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices: good A \costs ₦200, good B \costs ₦300, and good C \costs ₦400. U\sing the budget constraint, find the consumer's optimal consumption bundle.

Answer Options

Correct Answer A. (2, 1, 0)
B. (1, 2, 0)
C. (0, 1, 2)
D. (1, 1, 1)
Correct Answer
A
Correct Option:
(2, 1, 0)

About This Question

This is Post Utme Lasu 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.

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