Post Utme Abu 2023 Economics Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Abu Economics examination.

Post Utme Abu 2023 Economics Objective / Multiple Choice
Question 14 POST_UTME_ABU • 2023 • ECONOMICS • objective

A consumer's budget constraint is given by 2x + 3y = 12. If the consumer's income increases by 20%, what is the new budget constraint?

Answer Options

A. 2x + 3y = 14.4
Correct Answer B. 2x + 3y = 16.8
C. 2x + 3y = 18.2
D. 2x + 3y = 20.6
Correct Answer
B
Correct Option:
2x + 3y = 16.8

About This Question

This is Post Utme Abu 2023 Economics Question 14. It is one of the objective questions from the 2023 Post Utme Abu Economics examination.

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