Post Utme Skyline University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_SKYLINE_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has a budget constraint of ₦1000 and a demand curve for a good given by Q = 100 - 2P. If the price of the good is ₦200, how much will the consumer sp\end on the good?

Answer Options

A. ₦400
Correct Answer B. ₦600
C. ₦800
D. ₦1000
Correct Answer
B
Correct Option:
₦600

About This Question

This is Post Utme Skyline University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Skyline University Economics examination.

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