Post Utme Covenant University 2025 Economics Question 30

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

Post Utme Covenant University 2025 Economics Objective / Multiple Choice
Question 30 POST_UTME_COVENANT_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has the following indifference curves: IC1: 2U + 3V = 6, IC2: 2U + 3V = 9. If the consumer is initially at point (2, 1) on IC1, and then moves to point (3, 2) on IC2, then the consumer's utility has

Answer Options

A. increased by 1 unit
Correct Answer B. increased by 2 units
C. decreased by 1 unit
D. decreased by 2 units
Correct Answer
B
Correct Option:
increased by 2 units

About This Question

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

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