Post Utme Babcock University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2025 Economics Objective / Multiple Choice

Question 9 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has a budget constraint of $100 and a preference for two goods, A and B. If the price of good A is $20 and the price of good B is $30, what is the consumer's optimal bundle?

Answer Options

Correct Answer A. 1 unit of good A and 1 unit of good B

B. 2 units of good A and 1 unit of good B

C. 1 unit of good A and 2 units of good B

D. 2 units of good A and 2 units of good B

Correct Answer

Correct Option:

1 unit of good A and 1 unit of good B

About This Question

This is Post Utme Babcock University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.

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