Post Utme Unn 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Unn Commerce examination.

Post Utme Unn 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UNN • 2025 • COMMERCE • objective

A consumer has a utility function U(x, y) = 2x + 3y. The prices of x and y are 2 and 3, respectively. If the consumer's income is 100, what is the optimal bundle of x and y?

Answer Options

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

About This Question

This is Post Utme Unn 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Unn Commerce examination.

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