Post Utme Lead City University 2019 Economics Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice
Question 34 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A consumer's budget constraint is given by 2x + 3y = ₦1000. If the consumer's current bundle is x = 20 and y = 30, find the consumer's utility.

Answer Options

A. 80
B. 100
Correct Answer C. 120
D. 140
Correct Answer
C
Correct Option:
120

About This Question

This is Post Utme Lead City University 2019 Economics Question 34. It is one of the objective questions from the 2019 Post Utme Lead City University Economics examination.

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