Post Utme Noun 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Noun Economics examination.

Post Utme Noun 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_NOUN • 2025 • ECONOMICS • objective

A consumer's utility function is given by U(x, y) = 2x^0.5y^0.5. If the price of x is ₦50 per unit and the price of y is ₦100 per unit, what is the consumer's indifference curve?

Answer Options

A. U(x, y) = 10
Correct Answer B. U(x, y) = 20
C. U(x, y) = 30
D. U(x, y) = 40
Correct Answer
B
Correct Option:
U(x, y) = 20

About This Question

This is Post Utme Noun 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Noun Economics examination.

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