Post Utme Unilag 2025 Commerce Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 13 POST_UTME_UNILAG • 2025 • COMMERCE • objective

A consumer has a budget of ₦1000 to spend on two goods, X and Y. The price of good X is ₦200 and the price of good Y is ₦300. Using the budget constraint equation, what is the maximum amount the consumer can spend on good X?

Answer Options

A. ₦400
Correct Answer B. ₦500
C. ₦600
D. ₦800
Correct Answer
B
Correct Option:
₦500

About This Question

This is Post Utme Unilag 2025 Commerce Question 13. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.

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