Post Utme Unilorin 2020 Economics Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 24 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2X + 3Y = 100, where X and Y are the quantities of two goods. If the consumer's income is ₦100 and the price of good X is ₦2, what is the quantity of good Y?

Answer Options

A. 10
B. 15
Correct Answer C. 20
D. 25
Correct Answer
C
Correct Option:
20

About This Question

This is Post Utme Unilorin 2020 Economics Question 24. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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