Post Utme Eksu 2018 Commerce Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Eksu Commerce examination.

Post Utme Eksu 2018 Commerce Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2018 • COMMERCE • objective

A consumer's budget constraint is given by 2x + 3y = 12. If the consumer's income increases by 20%, what is the new budget constraint?

Answer Options

A. 2x + 3y = 14.4
Correct Answer B. 2x + 3y = 14.8
C. 2x + 3y = 15.2
D. 2x + 3y = 15.6
Correct Answer
B
Correct Option:
2x + 3y = 14.8

About This Question

This is Post Utme Eksu 2018 Commerce Question 23. It is one of the objective questions from the 2018 Post Utme Eksu Commerce examination.

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