Post Utme Summit University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Summit University Economics examination.

Post Utme Summit University 2025 Economics Objective / Multiple Choice

Question 37 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's budget constraint is given by the equation 2x + 3y = 12. If the consumer's current bundle is (x, y) = (3, 2), what is the consumer's optimal bundle?

Answer Options

Correct Answer A. x = 4, y = 0

B. x = 3, y = 2

C. x = 2, y = 4

D. x = 0, y = 6

Correct Answer

Correct Option:

x = 4, y = 0

About This Question

This is Post Utme Summit University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.

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