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Question 13

If a consumer plans to spend 120k on four oranges but spent 80k, his consumer surplus is

  • A.₦1.50
  • B.₦0.40
  • C.₦1.00
  • D.₦2.00
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2016/2017
Question no.
#13
Type
Objective
Previous · Q12What is the term used to describe a policy aimed at promoting the local… Next · Q14 In the diagram above, the price P2, in the price control situation is referred…

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