Post Utme Madonna University 2021 Commerce Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2021 Commerce Objective / Multiple Choice
Question 18 POST_UTME_MADONNA_UNIVERSITY • 2021 • COMMERCE • objective

A consumer's indifference curve is given by the equation u(x,y) = 2x + 3y. If the consumer's current consumption bundle is (x,y) = (4,2), then the consumer's current utility level is

Answer Options

A. 14
Correct Answer B. 16
C. 18
D. 20
Correct Answer
B
Correct Option:
16

About This Question

This is Post Utme Madonna University 2021 Commerce Question 18. It is one of the objective questions from the 2021 Post Utme Madonna University Commerce examination.

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