Post Utme Greenfield University 2025 Commerce Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 30 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • COMMERCE • objective

A consumer's budget constraint is given by the equation 2x + 3y = 100. If the consumer's indifference curve is given by the equation u(x,y) = 2x + 3y, what is the consumer's optimal bundle of x and y?

Answer Options

A. x = 20, y = 10
Correct Answer B. x = 30, y = 15
C. x = 40, y = 20
D. x = 50, y = 25
Correct Answer
B
Correct Option:
x = 30, y = 15

About This Question

This is Post Utme Greenfield University 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

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