Post Utme Lautech 2019 Commerce Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice
Question 25 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

A consumer's indifference curve is given by the equation u(x, y) = 2x + 3y. If the consumer's current level of x is 2 units, what is the marginal utility of y?

Answer Options

Correct Answer A. 3
B. 4
C. 5
D. 6
Correct Answer
A
Correct Option:
3

About This Question

This is Post Utme Lautech 2019 Commerce Question 25. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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