Post Utme Ksu 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 33 POST_UTME_KSU • 2019 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer has a budget of ₦100 and the prices of the two goods are ₦20 and ₦30 respectively, what is the consumer's optimal bundle?

Answer Options

Correct Answer A. (5, 3)
B. (3, 5)
C. (2, 4)
D. (4, 2)
Correct Answer
A
Correct Option:
(5, 3)

About This Question

This is Post Utme Ksu 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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