Post Utme Rsu 2024 Economics Question 3
Practice objective / multiple choice question 3 from the 2024 Post Utme Rsu Economics examination.
A consumer has a budget of ₦1000 and is choo\sing between two goods, A and B. The price of good A is ₦200 and the price of good B is ₦300. If the consumer's income elasticity of demand for good A is 0.5, what is the value of the cross-price elasticity of demand for good B?
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About This Question
This is Post Utme Rsu 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.
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