Post Utme Igbinedion University 2017 Economics Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2017 Economics Objective / Multiple Choice
Question 9 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ECONOMICS • objective

A consumer's budget constraint is given by 2X + 3Y = 12. What is the consumer's optimal bundle of X and Y?

Answer Options

Correct Answer A. (2, 2)
B. (3, 1)
C. (4, 0)
D. (0, 4)
Correct Answer
A
Correct Option:
(2, 2)

About This Question

This is Post Utme Igbinedion University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Igbinedion University Economics examination.

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