Post Utme Bsu 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice

Question 14 POST_UTME_BSU • 2019 • ECONOMICS • objective

A consumer's indifference curve is given by the equation u(x,y) = 2x + 3y. If the consumer's budget constraint is given by the equation 2x + 3y = 15, what is the consumer's optimal bundle?

Correct Answer A. (x,y) = (3,4)

B. (x,y) = (4,3)

C. (x,y) = (5,2)

D. (x,y) = (2,5)

Correct Answer

Correct Option:

(x,y) = (3,4)

This is Post Utme Bsu 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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