Post Utme Mountain Top University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer has a budget constraint of 100 naira and a preference for two goods, A and B. The prices of A and B are 5 naira and 10 naira, respectively. What is the consumer's optimal consumption bundle?

Answer Options

A. 10 units of A and 10 units of B
Correct Answer B. 20 units of A and 5 units of B
C. 15 units of A and 15 units of B
D. 5 units of A and 20 units of B
Correct Answer
B
Correct Option:
20 units of A and 5 units of B

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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