Post Utme Ksu 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2017 • COMMERCE • objective

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

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 Ksu 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

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