Post Utme Abu 2018 Commerce Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Abu Commerce examination.

Post Utme Abu 2018 Commerce Objective / Multiple Choice

Question 30 POST_UTME_ABU • 2018 • COMMERCE • objective

A consumer's indifference curves are given by U(x,y) = 2x + 3y. If the consumer's budget constraint is given by x + 2y = 10, find the consumer's optimal consumption bundle.

Correct Answer A. (x,y) = (5, 2.5)

B. (x,y) = (3, 4)

C. (x,y) = (2, 5)

D. (x,y) = (1, 6)

Correct Answer

Correct Option:

(x,y) = (5, 2.5)

This is Post Utme Abu 2018 Commerce Question 30. It is one of the objective questions from the 2018 Post Utme Abu Commerce examination.

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