Post Utme Bells University 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 34 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's indifference curve is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer's income is ₦1000 and the prices of the two goods are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of goods?

Answer Options

A. x = 100, y = 200
Correct Answer B. x = 150, y = 150
C. x = 200, y = 100
D. x = 250, y = 50
Correct Answer
B
Correct Option:
x = 150, y = 150

About This Question

This is Post Utme Bells University 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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