Post Utme Ims U 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A consumer has the following budget constraint: 2x + 3y = 12, where x is the number of units of good X and y is the number of units of good Y. If the consumer's utility function is given by U(x,y) = 2x + 3y, what is the optimal combination of good X and good Y that the consumer will choose?

Answer Options

A. (2,4)
Correct Answer B. (3,3)
C. (4,2)
D. (5,1)
Correct Answer
B
Correct Option:
(3,3)

About This Question

This is Post Utme Ims U 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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