Post Utme Redeemers University 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12, where x is the number of units of good x and y is the number of units of good y. If the consumer sp\ends ₦6 on good x, how much does the consumer sp\end on 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 Redeemers University 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Redeemers University Economics examination.

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