Post Utme Uniosun 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A consumer has an income of ₦1000 and faces the following prices: P_x = ₦10 and P_y = ₦20. The consumer's utility function is given by U = 2x + 3y, where x and y are the quantities consumed of goods X and Y, respectively. Find the consumer's optimal bundle of goods X and Y.

Answer Options

Correct Answer A. x = 20, y = 30
B. x = 30, y = 20
C. x = 40, y = 10
D. x = 50, y = 0
Correct Answer
A
Correct Option:
x = 20, y = 30

About This Question

This is Post Utme Uniosun 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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