Post Utme Bells University 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Bells University Economics examination.

Post Utme Bells University 2017 Economics Objective / Multiple Choice

Question 15 POST_UTME_BELLS_UNIVERSITY • 2017 • ECONOMICS • objective

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

Answer Options

Correct Answer A. (3, 2)

B. (2, 3)

C. (4, 1)

D. (1, 4)

Correct Answer

Correct Option:

(3, 2)

About This Question

This is Post Utme Bells University 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Bells University Economics examination.

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