Post Utme Ksu 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_KSU • 2022 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12 and the price of x and y are ₦2 and ₦3 respectively, what is the consumer's optimal 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 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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