Post Utme Lautech 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 15 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

A consumer's indifference curve is given by the equation U = 2x + 3y, where U is the utility and x and y are the quantities of two goods. If the consumer is indifferent between 2 units of good x and 3 units of good y, what is the utility?

Answer Options

A. 9
Correct Answer B. 10
C. 11
D. 12
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Lautech 2021 Economics Question 15. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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