Post Utme Nile University 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Nile University Commerce examination.

Post Utme Nile University 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_NILE_UNIVERSITY • 2024 • COMMERCE • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12. If the consumer's current income is 12 and the price of good x is 2, what is the consumer's current consumption of good y?

Answer Options

A. 2
Correct Answer B. 4
C. 6
D. 8
Correct Answer
B
Correct Option:
4

About This Question

This is Post Utme Nile University 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Nile University Commerce examination.

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