Post Utme Achievers University 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • COMMERCE • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12. If the consumer's current consumption bundle is (x,y) = (2,4), what is the consumer's current utility level?

Answer Options

A. 8
Correct Answer B. 10
C. 12
D. 14
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Achievers University 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Achievers University Commerce examination.

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