Post Utme Osustech 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Osustech Economics examination.

Post Utme Osustech 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_OSUSTECH • 2025 • ECONOMICS • objective

A consumer's utility function is given by U(x, y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of x and y?

Answer Options

A. x = 100, y = 100
Correct Answer B. x = 80, y = 120
C. x = 120, y = 80
D. x = 100, y = 100
Correct Answer
B
Correct Option:
x = 80, y = 120

About This Question

This is Post Utme Osustech 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Osustech Economics examination.

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