Post Utme Oau 2018 Commerce Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice
Question 7 POST_UTME_OAU • 2018 • COMMERCE • objective

A company uses the following budget constraint: 2X + 3Y = 12. The company wants to maximize its profit, which is given by P = 4X + 2Y. Using the method of substitution, find the optimal values of X and Y.

Answer Options

Correct Answer A. ( X = 2, Y = 2 )
B. ( X = 1, Y = 3 )
C. ( X = 3, Y = 1 )
D. ( X = 4, Y = 0 )
Correct Answer
A
Correct Option:
( X = 2, Y = 2 )

About This Question

This is Post Utme Oau 2018 Commerce Question 7. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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