Post Utme Futa 2018 Economics Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Futa Economics examination.

Post Utme Futa 2018 Economics Objective / Multiple Choice

Question 33 POST_UTME_FUTA • 2018 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. If the consumer's budget constraint is given by 2x + 3y = 100, what is the consumer's optimal bundle?

Correct Answer A. x = 20, y = 30

B. x = 30, y = 20

C. x = 40, y = 10

D. x = 10, y = 40

Correct Answer

Correct Option:

x = 20, y = 30

This is Post Utme Futa 2018 Economics Question 33. It is one of the objective questions from the 2018 Post Utme Futa Economics examination.

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