Post Utme Madonna University 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_MADONNA_UNIVERSITY • 2020 • ECONOMICS • objective

A consumer has a budget of ₦1000 and is faced with the following prices for two goods: Good X \costs ₦500 and Good Y \costs ₦300. What is the maximum number of units of Good X that the consumer can buy?

Answer Options

A. 2 units
Correct Answer B. 3 units
C. 4 units
D. 5 units
Correct Answer
B
Correct Option:
3 units

About This Question

This is Post Utme Madonna University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Madonna University Economics examination.

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