Post Utme Delsu 2018 Economics Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Delsu Economics examination.

Post Utme Delsu 2018 Economics Objective / Multiple Choice
Question 31 POST_UTME_DELSU • 2018 • ECONOMICS • objective

A consumer has an indifference curve with the following equation: \( U = 2x + 3y \), where ( x ) and ( y ) are the quantities of two goods. If the consumer's budget constraint is given by \( 2x + 3y = 12 \), what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. \( x = 3, y = 2 \)
B. \( x = 2, y = 3 \)
C. \( x = 4, y = 1 \)
D. \( x = 1, y = 4 \)
Correct Answer
A
Correct Option:
\( x = 3, y = 2 \)

About This Question

This is Post Utme Delsu 2018 Economics Question 31. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.

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