Post Utme Futa 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Futa Commerce examination.

Post Utme Futa 2025 Commerce Objective / Multiple Choice
Question 25 POST_UTME_FUTA • 2025 • COMMERCE • objective

A consumer has a utility function given by U = 2A + 3B. If the prices of the goods are ₦2,000 and ₦3,000 respectively, and the consumer spends all their budget on the two goods, what is the maximum amount they can spend on good A?

Answer Options

A. ₦4,000
Correct Answer B. ₦5,000
C. ₦6,000
D. ₦7,000
Correct Answer
B
Correct Option:
₦5,000

About This Question

This is Post Utme Futa 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Futa Commerce examination.

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