Post Utme Osustech 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Osustech Commerce examination.

Post Utme Osustech 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_OSUSTECH • 2020 • 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. 3
C. 4
D. 6
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Osustech 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Osustech Commerce examination.

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