Post Utme Eksu 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Eksu Commerce examination.

Post Utme Eksu 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_EKSU • 2025 • COMMERCE • objective

A consumer is considering purchasing a product that has a price of ₦200. The consumer's budget is ₦1000, and the consumer has a utility function that is represented by the equation U(x) = 3x - x^2. What is the maximum amount of utility that the consumer can obtain from purchasing the product?

Answer Options

A. ₦300
B. ₦400
Correct Answer C. ₦500
D. ₦600
Correct Answer
C
Correct Option:
₦500

About This Question

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

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