Post Utme Uniosun 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A consumer has a budget constraint of ₦100 and a preference for two goods, X and Y. The prices of X and Y are ₦10 and ₦0.50 respectively. If the consumer sp\ends all of their budget on X and Y, what is the maximum amount of Y that the consumer can buy?

Answer Options

A. ₦0.50
Correct Answer B. ₦1.00
C. ₦2.00
D. ₦3.00
Correct Answer
B
Correct Option:
₦1.00

About This Question

This is Post Utme Uniosun 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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