Post Utme Unilag 2022 Economics Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A consumer has a budget constraint given by the equation I = 100 - 2C, where I is income and C is consumption. If the consumer's income is ₦150, calculate the maximum amount the consumer can sp\end on consumption.

Answer Options

A. ₦50
B. ₦75
C. ₦100
Correct Answer D. ₦125
Correct Answer
D
Correct Option:
₦125

About This Question

This is Post Utme Unilag 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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