Post Utme Delsu 2024 Economics Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 3 POST_UTME_DELSU • 2024 • ECONOMICS • objective

A consumer has an indifference curve given by U = 2x + 3y, where x is the quantity of good X and y is the quantity of good Y. The budget constraint is given by 2x + 3y = 12. What is the consumer's optimal bundle?

Answer Options

A. (2, 2)
Correct Answer B. (3, 1)
C. (4, 0)
D. (0, 4)
Correct Answer
B
Correct Option:
(3, 1)

About This Question

This is Post Utme Delsu 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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