Post Utme Christopher University 2023 Economics Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2023 Economics Objective / Multiple Choice
Question 2 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • ECONOMICS • objective

A consumer's indifference curve is given by the equation \( U = 2x + 3y \). If the consumer's initial \endowment is (2, 3), what is the consumer's optimal bundle?

Answer Options

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

About This Question

This is Post Utme Christopher University 2023 Economics Question 2. It is one of the objective questions from the 2023 Post Utme Christopher University Economics examination.

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