Post Utme Skyline University 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ECONOMICS • objective

A consumer has an indifference curve that can be represented by the utility function U(x,y) = 2x + 3y. If the consumer's budget constraint is 10x + 5y = 100, and the consumer is currently consuming 10 units of good x and 10 units of good y, what is the consumer's current utility?

Answer Options

A. 50
B. 60
Correct Answer C. 70
D. 80
Correct Answer
C
Correct Option:
70

About This Question

This is Post Utme Skyline University 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

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