Post Utme Summit University 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Summit University Commerce examination.

Post Utme Summit University 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_SUMMIT_UNIVERSITY • 2017 • COMMERCE • objective

A consumer has a budget of ₦500 and a preference for two goods, A and B. The prices of A and B are ₦100 and ₦200 respectively. If the consumer spends all of their budget, what is the maximum amount of good A that the consumer can buy?

Answer Options

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

About This Question

This is Post Utme Summit University 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Summit University Commerce examination.

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