Post Utme Pan Atlantic University 2025 Commerce Question 33
Practice objective / multiple choice question 33 from the 2025 Post Utme Pan Atlantic University Commerce examination.
A consumer has a utility function given by U = 2A + 3B, where A and B are the quantities of two goods consumed. If the prices of the goods are ₦200 and ₦300 respectively, and the consumer's budget is ₦1000, what is the optimal combination of goods A and B that the consumer will choose?
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About This Question
This is Post Utme Pan Atlantic University 2025 Commerce Question 33. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Commerce examination.
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