Post Utme Futo 2022 Economics Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 9 POST_UTME_FUTO • 2022 • ECONOMICS • objective

A consumer has a budget of ₦100 and faces the following prices: Q1 = ₦10, Q2 = ₦20, Q3 = ₦30. The consumer's indifference curves are given by U = 2x + 3y. Find the consumer's optimal bundle of goods.

Answer Options

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

About This Question

This is Post Utme Futo 2022 Economics Question 9. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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