Post Utme Ims U 2025 Economics Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Ims U Economics examination.

Post Utme Ims U 2025 Economics Objective / Multiple Choice

Question 21 POST_UTME_IMS_U • 2025 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. The consumer's budget constraint is given by 2x + 3y = ₦100. If the consumer's income is ₦100, what is the optimal bundle of x and y?

Correct Answer A. x = 20, y = 20

B. x = 30, y = 10

C. x = 40, y = 0

D. x = 0, y = 33.33

Correct Answer

Correct Option:

x = 20, y = 20

This is Post Utme Ims U 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Ims U Economics examination.

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