Post Utme Aaua 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Aaua Economics examination.

Post Utme Aaua 2025 Economics Objective / Multiple Choice
Question 5 POST_UTME_AAUA • 2025 • ECONOMICS • objective

A consumer is faced with the following utility function: U(x, y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of x and y?

Answer Options

A. x = 20, y = 10
B. x = 15, y = 15
Correct Answer C. x = 10, y = 20
D. x = 5, y = 25
Correct Answer
C
Correct Option:
x = 10, y = 20

About This Question

This is Post Utme Aaua 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Aaua Economics examination.

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