Post Utme Bells University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's utility function is given by ( U(x,y) = 2x^2 + 3y^2 ). If the consumer's budget constraint is \( 2x + 3y = 12 \), what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. ( (x,y) = (2,4) )
B. ( (x,y) = (4,2) )
C. ( (x,y) = (3,3) )
D. ( (x,y) = (1,5) )
Correct Answer
A
Correct Option:
( (x,y) = (2,4) )

About This Question

This is Post Utme Bells University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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