Post Utme Uniosun 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNIOSUN • 2019 • COMMERCE • objective

A consumer has a budget of ₦10,000 and a preference for two goods, X and Y. The prices of X and Y are ₦2,000 and ₦3,000 respectively. Using the budget constraint, what is the maximum quantity of good X that the consumer can buy?

Answer Options

A. 20 units
Correct Answer B. 25 units
C. 30 units
D. 35 units
Correct Answer
B
Correct Option:
25 units

About This Question

This is Post Utme Uniosun 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Uniosun Commerce 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