Post Utme Eksu 2024 Economics Question 39

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

Post Utme Eksu 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_EKSU • 2024 • ECONOMICS • objective

A consumer has a budget constraint of ₦1000 and a preference for two goods, A and B. The prices of goods A and B are ₦200 and ₦300, respectively. U\sing the budget constraint and indifference curve analysis, what will be the consumer's optimal consumption bundle?

Answer Options

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

About This Question

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

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