Post Utme Lasu 2023 Commerce Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Lasu Commerce examination.

Post Utme Lasu 2023 Commerce Objective / Multiple Choice
Question 26 POST_UTME_LASU • 2023 • COMMERCE • objective

A firm has a budget constraint of 1000, with two goods, X and Y. The price of good X is 5, and the price of good Y is 10. If the firm chooses to consume 20 units of good X, how many units of good Y can it consume?

Answer Options

A. 10
Correct Answer B. 15
C. 20
D. 25
Correct Answer
B
Correct Option:
15

About This Question

This is Post Utme Lasu 2023 Commerce Question 26. It is one of the objective questions from the 2023 Post Utme Lasu Commerce examination.

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