Post Utme Futa 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Futa Commerce examination.

Post Utme Futa 2019 Commerce Objective / Multiple Choice

Question 10 POST_UTME_FUTA • 2019 • COMMERCE • objective

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

A. x = 20, y = 10

Correct Answer B. x = 15, y = 15

C. x = 10, y = 20

D. x = 5, y = 25

Correct Answer

Correct Option:

x = 15, y = 15

This is Post Utme Futa 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Futa Commerce examination.

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