Post Utme Al Hikmah University 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A consumer has a utility function given by U = 2A + 3B. If the consumer's current consumption bundle is A = 10 and B = 20, what is the consumer's current utility?

Answer Options

A. 50
Correct Answer B. 60
C. 70
D. 80
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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