Post Utme Futa 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Futa Economics examination.

Post Utme Futa 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_FUTA • 2019 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12. Which of the following is a consequence of this?

Answer Options

Correct Answer A. The consumer can afford to buy 6 units of x and 4 units of y.
B. The consumer can afford to buy 4 units of x and 6 units of y.
C. The consumer can afford to buy 8 units of x and 2 units of y.
D. The consumer can afford to buy 12 units of x and 0 units of y.
Correct Answer
A
Correct Option:
The consumer can afford to buy 6 units of x and 4 units of y.

About This Question

This is Post Utme Futa 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Futa Economics examination.

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