Post Utme Igbinedion University 2025 Commerce Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2025 Commerce Objective / Multiple Choice
Question 19 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • COMMERCE • objective

A consumer's utility function is given by the equation: ( U = 2x + 3y ), where x and y are the quantities of two different goods. If the consumer's budget constraint is given by the equation: ( 2x + 3y = 100 ), what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. ( x = 20, y = 30 )
B. ( x = 30, y = 20 )
C. ( x = 40, y = 10 )
D. ( x = 10, y = 40 )
Correct Answer
A
Correct Option:
( x = 20, y = 30 )

About This Question

This is Post Utme Igbinedion University 2025 Commerce Question 19. It is one of the objective questions from the 2025 Post Utme Igbinedion University Commerce examination.

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