Post Utme Delsu 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Delsu Economics examination.

Post Utme Delsu 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_DELSU • 2020 • ECONOMICS • objective

A consumer has the following utility function: U = 2x + 3y. The prices of x and y are ₦5 and ₦10 respectively. What is the consumer's budget constraint?

Answer Options

A. 2x + 3y = 50
Correct Answer B. 2x + 3y = 100
C. 2x + 3y = 150
D. 2x + 3y = 200
Correct Answer
B
Correct Option:
2x + 3y = 100

About This Question

This is Post Utme Delsu 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Delsu Economics examination.

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