Post Utme Rsu 2023 Commerce Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 13 POST_UTME_RSU • 2023 • COMMERCE • objective

A consumer has a budget constraint of ₦1,000 and a preference ordering of goods A and B as follows: A > B. The prices of goods A and B are ₦500 and ₦300, respectively. If the consumer spends all of their budget, how many units of good A will they purchase?

Answer Options

A. 1 unit
Correct Answer B. 2 units
C. 3 units
D. 4 units
Correct Answer
B
Correct Option:
2 units

About This Question

This is Post Utme Rsu 2023 Commerce Question 13. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.

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