Post Utme Ui 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Ui Economics examination.

Post Utme Ui 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_UI • 2019 • ECONOMICS • objective

A consumer has a budget of ₦1,000,000 and a preference for two goods, A and B. The prices of the goods are ₦500,000 and ₦300,000, respectively. If the consumer sp\ends all of their budget, how much of good A will they buy?

Answer Options

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

About This Question

This is Post Utme Ui 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Ui Economics examination.

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