Post Utme Ui 2017 Commerce Question 18
Practice objective / multiple choice question 18 from the 2017 Post Utme Ui Commerce examination.
A consumer has a budget of ₦1000 and a demand function for a good given by p = 2x + 10, where p is the price and x is the quantity demanded. If the consumer's income is ₦1000, what is the maximum quantity of the good they can afford to buy?
Answer Options
About This Question
This is Post Utme Ui 2017 Commerce Question 18. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.