Post Utme Wellspring University 2018 Commerce Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice
Question 25 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • 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 allocates ₦500 to good A, how much will be left for good B?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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