Post Utme Unilorin 2022 Commerce Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

A consumer is considering buying a product that costs ₦1,000. The consumer has a budget of ₦2,000 and is willing to spend up to 50% of their income on the product. What is the maximum amount the consumer is willing to pay for the product?

Answer Options

A. ₦500
Correct Answer B. ₦750
C. ₦1,000
D. ₦1,250
Correct Answer
B
Correct Option:
₦750

About This Question

This is Post Utme Unilorin 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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