Post Utme Joseph Ayo Babalola University 2025 Commerce Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2025 Commerce Objective / Multiple Choice
Question 3 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • COMMERCE • objective

A consumer's indifference curve is a graphical representation of the

Answer Options

A. maximum utility that can be obtained from a given quantity of a good
B. minimum utility that can be obtained from a given quantity of a good
Correct Answer C. optimal combination of two goods that provides the highest level of satisfaction
D. optimal combination of two goods that provides the lowest level of satisfaction
Correct Answer
C
Correct Option:
optimal combination of two goods that provides the highest level of satisfaction

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Commerce Question 3. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Commerce examination.

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