Post Utme Summit University 2021 Commerce Question 3
Practice objective / multiple choice question 3 from the 2021 Post Utme Summit University Commerce examination.
A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of A and B are ₦200 and ₦300 respectively. If the consumer spends all their budget on the two goods, what is the maximum amount they can spend on good A?
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About This Question
This is Post Utme Summit University 2021 Commerce Question 3. It is one of the objective questions from the 2021 Post Utme Summit University Commerce examination.
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