Post Utme Lasu 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2025 • ECONOMICS • objective

A consumer has a budget constraint given by I = 100 - 2C. The consumer's indifference curve is given by U = 2C. Find the consumer's optimal level of consumption.

Answer Options

Correct Answer A. C = 50, U = 100
B. C = 75, U = 150
C. C = 100, U = 200
D. C = 125, U = 250
Correct Answer
A
Correct Option:
C = 50, U = 100

About This Question

This is Post Utme Lasu 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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