Post Utme Oau 2022 Economics Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 9 POST_UTME_OAU • 2022 • ECONOMICS • objective

A consumer has an indifference curve given by U = 2X + 3Y, where U is the utility, X is the quantity of good X, and Y is the quantity of good Y. The budget constraint is given by 2X + 3Y = 12. What is the consumer's optimal bundle?

Answer Options

Correct Answer A. (2, 4)
B. (4, 2)
C. (6, 0)
D. (0, 6)
Correct Answer
A
Correct Option:
(2, 4)

About This Question

This is Post Utme Oau 2022 Economics Question 9. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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