Post Utme Abu 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Abu Economics examination.

Post Utme Abu 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_ABU • 2025 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Good X \costs ₦200 and Good Y \costs ₦300. If the consumer's utility function is given by U = 2X + 3Y, what is the optimal bundle of goods that the consumer will purchase?

Answer Options

Correct Answer A. X = 2, Y = 1
B. X = 3, Y = 0
C. X = 1, Y = 2
D. X = 0, Y = 3
Correct Answer
A
Correct Option:
X = 2, Y = 1

About This Question

This is Post Utme Abu 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Abu Economics examination.

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