Post Utme Osustech 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Osustech Commerce examination.

Post Utme Osustech 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_OSUSTECH • 2020 • COMMERCE • objective

A consumer has a budget constraint of 100 units of currency and a preference for two goods, X and Y. The prices of X and Y are 5 units and 10 units, respectively. If the consumer spends all of their budget on good X, what is the maximum amount of good Y that they can purchase?

Answer Options

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

About This Question

This is Post Utme Osustech 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Osustech Commerce examination.

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