Post Utme Babcock University 2019 Commerce Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2019 Commerce Objective / Multiple Choice
Question 39 POST_UTME_BABCOCK_UNIVERSITY • 2019 • COMMERCE • objective

A consumer's utility function is given by u(x,y) = 2x + y. If the consumer's budget constraint is given by 2x + 3y = 12, then the consumer's optimal consumption bundle is

Answer Options

Correct Answer A. (2,4)
B. (4,2)
C. (6,0)
D. (0,6)
Correct Answer
A
Correct Option:
(2,4)

About This Question

This is Post Utme Babcock University 2019 Commerce Question 39. It is one of the objective questions from the 2019 Post Utme Babcock University Commerce examination.

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