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Question 27

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

  • A. N1.50
  • B. N0.40
  • C. N1.00
  • D. N2.00
Objective

Question details

Exam body
BUK
Subject
Economics
Year
2017/2018
Question no.
#27
Type
Objective
Previous · Q26The law of diminishing marginal utility explains why Next · Q28 If commodity X is a by product of commodity Y, this implies that both…

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