Post Utme Eksu 2025 Commerce Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Eksu Commerce examination.

Post Utme Eksu 2025 Commerce Objective / Multiple Choice
Question 40 POST_UTME_EKSU • 2025 • COMMERCE • objective

A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget is 100, and the prices of the two goods are 5 and 10 respectively, how much of good x should the consumer consume?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Eksu 2025 Commerce Question 40. It is one of the objective questions from the 2025 Post Utme Eksu Commerce examination.

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