Post Utme Eksu 2025 Economics Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice

Question 31 POST_UTME_EKSU • 2025 • ECONOMICS • objective

Consider a consumer with a utility function ( U(x, y) = 2x + 3y ), where x and y are the quantities of two goods consumed. If the consumer's income is ₦1000 and the prices of the two goods are ₦5 and ₦10 respectively, find the consumer's optimal bundle of goods.

A. x = 80, y = 20

Correct Answer B. x = 60, y = 30

C. x = 40, y = 40

D. x = 20, y = 60

Correct Answer

Correct Option:

x = 60, y = 30

This is Post Utme Eksu 2025 Economics Question 31. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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