Post Utme Lead City University 2019 Commerce Question 48

Practice objective / multiple choice question 48 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 48 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A consumer has a budget of ₦10,000 and wants to buy two goods, X and Y. The prices of the goods are ₦5,000 and ₦3,000, respectively. If the consumer spends all the budget, what is the maximum amount that can be spent on good X?

Answer Options

A. ₦2,000
B. ₦3,000
Correct Answer C. ₦4,000
D. ₦5,000
Correct Answer
C
Correct Option:
₦4,000

About This Question

This is Post Utme Lead City University 2019 Commerce Question 48. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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