Post Utme Bsu 2021 Economics Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 8 POST_UTME_BSU • 2021 • ECONOMICS • objective

A consumer's budget constraint is given by 2X + 3Y = 12. If the price of X is ₦2 and the price of Y is ₦3, find the optimal combination of X and Y.

Answer Options

A. X = 2, Y = 2
B. X = 4, Y = 0
C. X = 0, Y = 4
Correct Answer D. X = 2, Y = 4
Correct Answer
D
Correct Option:
X = 2, Y = 4

About This Question

This is Post Utme Bsu 2021 Economics Question 8. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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