Post Utme Bsu 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_BSU • 2025 • ECONOMICS • objective

A consumer has a budget of $100 and faces the following prices: Q1 = $10, Q2 = $20, Q3 = $30. If the consumer's indifference curves are given by U = 2Q1 + Q2, what is the optimal consumption bundle?

Answer Options

Correct Answer A. Q1 = 10, Q2 = 20, Q3 = 0
B. Q1 = 20, Q2 = 10, Q3 = 0
C. Q1 = 10, Q2 = 0, Q3 = 20
D. Q1 = 0, Q2 = 10, Q3 = 20
Correct Answer
A
Correct Option:
Q1 = 10, Q2 = 20, Q3 = 0

About This Question

This is Post Utme Bsu 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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