Post Utme Bsu 2025 Economics Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice

Question 30 POST_UTME_BSU • 2025 • ECONOMICS • objective

A consumer's budget constraint is given by P_x x + P_y y = I, where P_x and P_y are the prices of x and y, respectively, and I is the consumer's income. If the consumer's current income is I = 100, and the prices of x and y are P_x = 2 and P_y = 3, respectively, what is the consumer's optimal consumption bundle?

Correct Answer A. ( (20, 10) )

B. ( (15, 15) )

C. ( (10, 20) )

D. ( (5, 25) )

Correct Answer

Correct Option:

( (20, 10) )

This is Post Utme Bsu 2025 Economics Question 30. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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