Post Utme Delsu 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Delsu Economics examination.

Post Utme Delsu 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_DELSU • 2020 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12, where x is the number of units of good X and y is the number of units of good Y. If the consumer's income is ₦12 and the price of good X is ₦2, what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. (2, 4)
B. (4, 2)
C. (6, 0)
D. (0, 6)
Correct Answer
A
Correct Option:
(2, 4)

About This Question

This is Post Utme Delsu 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Delsu Economics examination.

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