Post Utme Bells University 2018 Commerce Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Bells University Commerce examination.

Post Utme Bells University 2018 Commerce Objective / Multiple Choice
Question 29 POST_UTME_BELLS_UNIVERSITY • 2018 • COMMERCE • objective

A consumer's indifference curve is given by the equation u(x,y) = 2x + 3y. If the consumer's income is ₦1000 and the price of good x is ₦5, how many units of good y can the consumer afford?

Answer Options

A. 100
Correct Answer B. 200
C. 300
D. 400
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Bells University 2018 Commerce Question 29. It is one of the objective questions from the 2018 Post Utme Bells University Commerce examination.

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