Post Utme Oau 2018 Economics Question 19
Practice objective / multiple choice question 19 from the 2018 Post Utme Oau Economics examination.
A consumer is faced with a choice between two products: Product A and Product B. Product A has a price of ₦100 and Product B has a price of ₦120. The consumer's income is ₦150. What is the likely effect of a price increase on Product A on the consumer's utility?
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About This Question
This is Post Utme Oau 2018 Economics Question 19. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.
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