Post Utme Uniben 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A consumer has a budget of ₦1,000 and a preference for two goods, A and B. The prices of the goods are ₦500 and ₦300, respectively. If the consumer sp\ends all of their budget on the two goods, what is the consumer's utility?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Uniben 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support