Post Utme Achievers University 2025 Commerce Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2025 Commerce Objective / Multiple Choice
Question 36 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • COMMERCE • objective

A consumer has a budget constraint of 100 units of currency, and the prices of two goods, X and Y, are 5 units and 10 units, respectively. The consumer's indifference curve is given by the equation UX + 2UY = 20. What is the consumer's optimal consumption bundle?

Answer Options

A. X = 20, Y = 10
Correct Answer B. X = 15, Y = 5
C. X = 10, Y = 10
D. X = 5, Y = 20
Correct Answer
B
Correct Option:
X = 15, Y = 5

About This Question

This is Post Utme Achievers University 2025 Commerce Question 36. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support