Post Utme Abu 2019 Economics Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Abu Economics examination.

Post Utme Abu 2019 Economics Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2019 • ECONOMICS • objective

A consumer's indifference curve is given by U = 2x + 3y. If the consumer's current utility level is 15 and the price of good x is ₦5, what is the maximum amount the consumer is willing to pay for good y?

Answer Options

A. ₦10
Correct Answer B. ₦15
C. ₦20
D. ₦25
Correct Answer
B
Correct Option:
₦15

About This Question

This is Post Utme Abu 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Abu Economics examination.

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