Post Utme Futo 2024 Economics Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Futo Economics examination.

Post Utme Futo 2024 Economics Objective / Multiple Choice
Question 40 POST_UTME_FUTO • 2024 • ECONOMICS • objective

A consumer's budget constraint is given by 2x + 3y = 12. If the consumer's indifference curve is represented by the equation u(x,y) = 2x + y, what is the consumer's optimal bundle?

Answer Options

Correct Answer A. (2, 2)
B. (4, 0)
C. (0, 4)
D. (3, 3)
Correct Answer
A
Correct Option:
(2, 2)

About This Question

This is Post Utme Futo 2024 Economics Question 40. It is one of the objective questions from the 2024 Post Utme Futo Economics examination.

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