Post Utme Delsu 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_DELSU • 2024 • ECONOMICS • objective

A consumer has a budget constraint of ₦1000 and two goods, A and B, priced at ₦200 and ₦300 respectively. If the consumer's indifference curve is \tangent to the budget line, what is the consumer's optimal consumption bundle?

Answer Options

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

About This Question

This is Post Utme Delsu 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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