Post Utme Aaua 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Aaua Economics examination.

Post Utme Aaua 2025 Economics Objective / Multiple Choice

Question 14 POST_UTME_AAUA • 2025 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is given by 2x + 3y = ₦100, what is the consumer's optimal bundle of goods?

Correct Answer A. x = 10, y = 20

B. x = 20, y = 10

C. x = 30, y = 0

D. x = 0, y = 30

Correct Answer

Correct Option:

x = 10, y = 20

This is Post Utme Aaua 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Aaua Economics examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support