Post Utme Bsu 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Bsu Commerce examination.

Post Utme Bsu 2021 Commerce Objective / Multiple Choice
Question 37 POST_UTME_BSU • 2021 • COMMERCE • objective

A consumer has a budget constraint of 1000, and a preference for two goods, A and B, given by the utility function U = 2A + 3B. If the price of good A is 5, and the price of good B is 2, how many units of good A will the consumer buy?

Answer Options

A. 10
Correct Answer B. 15
C. 20
D. 25
Correct Answer
B
Correct Option:
15

About This Question

This is Post Utme Bsu 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Bsu Commerce examination.

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