Post Utme Rsu 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_RSU • 2019 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices: Q1 = ₦200, Q2 = ₦300, Q3 = ₦400. What is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. Q1 = 2, Q2 = 1, Q3 = 1
B. Q1 = 1, Q2 = 2, Q3 = 1
C. Q1 = 1, Q2 = 1, Q3 = 2
D. Q1 = 2, Q2 = 2, Q3 = 0
Correct Answer
A
Correct Option:
Q1 = 2, Q2 = 1, Q3 = 1

About This Question

This is Post Utme Rsu 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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