Post Utme Rsu 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Rsu Commerce examination.

Post Utme Rsu 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_RSU • 2020 • COMMERCE • objective

A consumer has a budget of ₦1000 and a preference for two goods, X and Y. The prices of the goods are ₦200 and ₦300 respectively. If the consumer spends all of their budget, what is the quantity of good X that the consumer will purchase?

Answer Options

A. 2
Correct Answer B. 3
C. 4
D. 5
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Rsu 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Rsu Commerce examination.

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