Post Utme Delsu 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Delsu Economics examination.

Post Utme Delsu 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_DELSU • 2018 • ECONOMICS • objective

A consumer's indifference curve is given by the utility function u(x,y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle?

Answer Options

A. (100, 100)
Correct Answer B. (200, 50)
C. (50, 200)
D. (150, 150)
Correct Answer
B
Correct Option:
(200, 50)

About This Question

This is Post Utme Delsu 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.

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