Post Utme Afe Babalola University 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • COMMERCE • objective

A consumer has a utility function given by U = 2A + 3B. If the consumer's current utility is 15 and the price of good A is ₦200, how much of good B can they afford?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Afe Babalola University 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Commerce examination.

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