Post Utme Abu 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Abu Economics examination.

Post Utme Abu 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_ABU • 2025 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the prices of the two goods are $2 and $3 respectively, and the consumer's income is $10, what is the optimal bundle of goods?

Answer Options

Correct Answer A. (2, 2)
B. (3, 1)
C. (4, 0)
D. (0, 4)
Correct Answer
A
Correct Option:
(2, 2)

About This Question

This is Post Utme Abu 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Abu Economics examination.

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