Post Utme Ksu 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_KSU • 2017 • COMMERCE • objective

A consumer's indifference curve is given by the equation U = 2x + 3y. If the consumer's current budget constraint is 2x + 3y = 12, find the consumer's optimal consumption bundle.

Answer Options

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

About This Question

This is Post Utme Ksu 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

View More Post Utme Ksu 2017 Commerce Questions More Post Utme Ksu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support