Post Utme Lasu 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_LASU • 2025 • 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's budget constraint is 10x + 5y = 50, what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. x = 2, y = 4
B. x = 3, y = 5
C. x = 4, y = 6
D. x = 5, y = 7
Correct Answer
A
Correct Option:
x = 2, y = 4

About This Question

This is Post Utme Lasu 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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