Post Utme Ksu 2017 Commerce Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 33 POST_UTME_KSU • 2017 • COMMERCE • objective

A consumer has the following indifference curves: IC1: 2x + 3y = 6, IC2: x + 2y = 4. If the consumer's initial endowment is (2, 1), what is the consumer's optimal consumption bundle?

Answer Options

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

About This Question

This is Post Utme Ksu 2017 Commerce Question 33. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

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