Post Utme Bsu 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Bsu Economics examination.

Post Utme Bsu 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_BSU • 2020 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. The consumer's budget constraint is given by 2x + 3y = 12. Find the consumer's optimal bundle of x and y.

Answer Options

Correct Answer A. (2, 4)
B. (3, 3)
C. (4, 2)
D. (6, 0)
Correct Answer
A
Correct Option:
(2, 4)

About This Question

This is Post Utme Bsu 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.

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