Post Utme Veritas University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_VERITAS_UNIVERSITY • 2022 • COMMERCE • objective

A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300, respectively. If the consumer spends all of their budget on the two goods, what is the maximum amount of good A that the consumer can buy?

Answer Options

A. 3
Correct Answer B. 4
C. 5
D. 6
Correct Answer
B
Correct Option:
4

About This Question

This is Post Utme Veritas University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Veritas University Commerce examination.

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