Post Utme Greenfield University 2024 Economics Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2024 Economics Objective / Multiple Choice
Question 33 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ECONOMICS • objective

A consumer's utility function is given by U(x, y) = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12, find the consumer's optimal bundle.

Answer Options

A. (4, 4)
Correct Answer B. (6, 2)
C. (8, 0)
D. (0, 8)
Correct Answer
B
Correct Option:
(6, 2)

About This Question

This is Post Utme Greenfield University 2024 Economics Question 33. It is one of the objective questions from the 2024 Post Utme Greenfield University Economics examination.

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