Post Utme Abu 2025 Commerce Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Abu Commerce examination.

Post Utme Abu 2025 Commerce Objective / Multiple Choice
Question 18 POST_UTME_ABU • 2025 • COMMERCE • objective

A consumer has a utility function U(x, y) = 2x + 3y. If the prices of x and y are ₦10 and ₦20 respectively, and the consumer has a budget of ₦100, what is the optimal bundle of x and y?

Answer Options

Correct Answer A. x = 5, y = 2
B. x = 2, y = 5
C. x = 3, y = 4
D. x = 4, y = 3
Correct Answer
A
Correct Option:
x = 5, y = 2

About This Question

This is Post Utme Abu 2025 Commerce Question 18. It is one of the objective questions from the 2025 Post Utme Abu Commerce examination.

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