Post Utme Skyline University 2017 Economics Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 9 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ECONOMICS • objective

A consumer's budget constraint is given by P1Q1 + P2Q2 = 100. If the prices of good 1 and good 2 are ₦20 and ₦30 respectively, and the consumer sp\ends ₦80 on good 1, how much does the consumer sp\end on good 2?

Answer Options

A. ₦10
B. ₦20
C. ₦30
Correct Answer D. ₦40
Correct Answer
D
Correct Option:
₦40

About This Question

This is Post Utme Skyline University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

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