Post Utme Madonna University 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2022 Commerce Objective / Multiple Choice
Question 40 POST_UTME_MADONNA_UNIVERSITY • 2022 • COMMERCE • objective

A consumer has a budget of ₦1000 and faces the following prices: Q1 = ₦200, Q2 = ₦300, Q3 = ₦400. If the consumer chooses to buy 2 units of Q1, 1 unit of Q2, and 1 unit of Q3, what is the consumer's total expenditure?

Answer Options

A. ₦800
B. ₦900
Correct Answer C. ₦1000
D. ₦1100
Correct Answer
C
Correct Option:
₦1000

About This Question

This is Post Utme Madonna University 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Madonna University Commerce examination.

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