Post Utme Coal City University 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

A consumer's budget constraint is given by 2Y + 3X = 100, where Y is the quantity of good Y and X is the quantity of good X. The consumer's indifference curve is given by U = 2Y + X. What is the consumer's optimal bundle?

Answer Options

Correct Answer A. (20, 10)
B. (15, 20)
C. (10, 30)
D. (5, 40)
Correct Answer
A
Correct Option:
(20, 10)

About This Question

This is Post Utme Coal City University 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Coal City University Economics examination.

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