Post Utme Uniben 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Uniben Economics examination.

Post Utme Uniben 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNIBEN • 2018 • ECONOMICS • objective

A consumer's utility function is given by \( U = 2x + 3y \), where ( x ) and ( y ) are the quantities of two goods consumed. The consumer's budget constraint is \( 2x + 3y = 12 \). What is the consumer's optimal bundle?

Answer Options

Correct Answer A. \( x = 2, y = 4 \)
B. \( x = 4, y = 2 \)
C. \( x = 6, y = 0 \)
D. \( x = 0, y = 6 \)
Correct Answer
A
Correct Option:
\( x = 2, y = 4 \)

About This Question

This is Post Utme Uniben 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Uniben Economics examination.

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