Post Utme Mountain Top University 2024 Commerce Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2024 Commerce Objective / Multiple Choice
Question 2 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • COMMERCE • objective

A firm has the following budget constraint: 2x + 3y = 12. If the price of x is 2 and the price of y is 3, what is the maximum value of the firm's profit?

Answer Options

A. 24
Correct Answer B. 36
C. 48
D. 60
Correct Answer
B
Correct Option:
36

About This Question

This is Post Utme Mountain Top University 2024 Commerce Question 2. It is one of the objective questions from the 2024 Post Utme Mountain Top University Commerce examination.

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