Post Utme Rsu 2022 Economics Question 26

Practice objective / multiple choice question 26 from the 2022 Post Utme Rsu Economics examination.

Post Utme Rsu 2022 Economics Objective / Multiple Choice

Question 26 POST_UTME_RSU • 2022 • ECONOMICS • objective

A consumer has a utility function U(x, y) = 2x + 3y. The prices of x and y are $2 and $3 respectively. What is the consumer's budget constraint?

A. $ 2x + 3y = 6 $

Correct Answer B. $ 2x + 3y = 12 $

C. $ 2x + 3y = 18 $

D. $ 2x + 3y = 24 $

Correct Answer

Correct Option:

$ 2x + 3y = 12 $

This is Post Utme Rsu 2022 Economics Question 26. It is one of the objective questions from the 2022 Post Utme Rsu Economics examination.

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