Post Utme Uniport 2025 Economics Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Uniport Economics examination.

Post Utme Uniport 2025 Economics Objective / Multiple Choice

Question 30 POST_UTME_UNIPORT • 2025 • ECONOMICS • objective

A consumer's utility function is given by U(x, y) = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is 10x + 5y = 50, what is the optimal bundle of goods (x, y) that the consumer should consume?

Answer Options

Correct Answer A. x = 2, y = 5

B. x = 5, y = 2

C. x = 3, y = 4

D. x = 4, y = 3

Correct Answer

Correct Option:

x = 2, y = 5

About This Question

This is Post Utme Uniport 2025 Economics Question 30. It is one of the objective questions from the 2025 Post Utme Uniport Economics examination.

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