Post Utme Bsu 2025 Economics Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice
Question 15 POST_UTME_BSU • 2025 • ECONOMICS • objective

A consumer has a budget of ₦1000 and faces the following prices for two goods: Good X \costs ₦200, and Good Y \costs ₦300. If the consumer's indifference curves are given by U = 2x + 3y, what is the optimal combination of the two goods?

Answer Options

Correct Answer A. x = 2, y = 1
B. x = 3, y = 2
C. x = 4, y = 3
D. x = 5, y = 4
Correct Answer
A
Correct Option:
x = 2, y = 1

About This Question

This is Post Utme Bsu 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support