Post Utme Futa 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Futa Economics examination.

Post Utme Futa 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2025 • ECONOMICS • objective

A consumer has a utility function U(x,y) = 2x + 3y. If the consumer's income is ₦1,000 and the prices of x and y are ₦50 and ₦75 respectively, what is the consumer's optimal bundle?

Answer Options

A. (10,5)
Correct Answer B. (15,3)
C. (20,2)
D. (25,1)
Correct Answer
B
Correct Option:
(15,3)

About This Question

This is Post Utme Futa 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.

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