Post Utme Madonna University 2017 Commerce Question 13
Practice objective / multiple choice question 13 from the 2017 Post Utme Madonna University Commerce examination.
A consumer has a budget constraint of ₦1000 and a preference for two goods: X and Y. The prices of X and Y are ₦200 and ₦300 respectively. If the consumer spends all of their budget on X and Y, what is the maximum amount of X that the consumer can buy?
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About This Question
This is Post Utme Madonna University 2017 Commerce Question 13. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.
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