Post Utme Uniport 2025 Economics Question 12

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

Post Utme Uniport 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. If the consumer's income is ₦100 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of x and y?

Answer Options

A. x = 10, y = 5
Correct Answer B. x = 15, y = 3
C. x = 20, y = 2
D. x = 25, y = 1
Correct Answer
B
Correct Option:
x = 15, y = 3

About This Question

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

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