Post Utme Esut 2023 Economics Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Esut Economics examination.

Post Utme Esut 2023 Economics Objective / Multiple Choice
Question 17 POST_UTME_ESUT • 2023 • ECONOMICS • objective

A consumer has a utility function given by U(x, y) = 2x + 3y. The prices of x and y are ₦5 and ₦10 respectively. Find the consumer's budget constraint.

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Esut 2023 Economics Question 17. It is one of the objective questions from the 2023 Post Utme Esut Economics examination.

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