Post Utme Delsu 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice

Question 10 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A consumer's budget constraint is given by \( 2x + 3y = 100 \). If the consumer's indifference curve is represented by the equation ( u(x,y) = 2x + 3y ), what is the optimal bundle of x and y?

Correct Answer A. x = 20, y = 30

B. x = 30, y = 20

C. x = 40, y = 10

D. x = 10, y = 40

Correct Answer

Correct Option:

x = 20, y = 30

This is Post Utme Delsu 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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