Post Utme Mountain Top University 2019 Commerce Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2019 Commerce Objective / Multiple Choice
Question 23 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • COMMERCE • objective

A consumer has a budget constraint of 100, and the prices of two goods are 5 and 10 respectively. If the consumer spends all their budget on the two goods, what is the maximum amount of good 2 that can be purchased?

Answer Options

A. 5 units
Correct Answer B. 10 units
C. 15 units
D. 20 units
Correct Answer
B
Correct Option:
10 units

About This Question

This is Post Utme Mountain Top University 2019 Commerce Question 23. It is one of the objective questions from the 2019 Post Utme Mountain Top University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support