Post Utme Nile University 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Nile University Economics examination.

Post Utme Nile University 2025 Economics Objective / Multiple Choice

Question 5 POST_UTME_NILE_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's budget constraint is given by 2x + 3y = 1000. If the consumer's utility function is U(x,y) = 2x + 3y, what is the consumer's optimal bundle?

Answer Options

A. x = 100, y = 200

B. x = 200, y = 100

Correct Answer C. x = 150, y = 150

D. x = 50, y = 300

Correct Answer

Correct Option:

x = 150, y = 150

About This Question

This is Post Utme Nile University 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.

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