Post Utme Skyline University 2022 Economics Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 25 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

A consumer's budget constraint is given by 2x + 3y = 100. If the consumer's utility function is U = 2x + y, what is the consumer's optimal bundle?

Answer Options

Correct Answer A. (20, 30)
B. (30, 20)
C. (40, 10)
D. (10, 40)
Correct Answer
A
Correct Option:
(20, 30)

About This Question

This is Post Utme Skyline University 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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