Post Utme Rhema University 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2021 Economics Objective / Multiple Choice
Question 32 POST_UTME_RHEMA_UNIVERSITY • 2021 • ECONOMICS • objective

A consumer has a budget constraint of 100 naira. If the consumer's indifference curve is given by the equation U = 2x + 3y, what is the value of x?

Answer Options

Correct Answer A. 20
B. 30
C. 40
D. 50
Correct Answer
A
Correct Option:
20

About This Question

This is Post Utme Rhema University 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Rhema University Economics examination.

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