Post Utme Uniben 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12, and the price of good x is $2, what is the optimal quantity of good y that the consumer should purchase?

Answer Options

A. 2
B. 4
Correct Answer C. 6
D. 8
Correct Answer
C
Correct Option:
6

About This Question

This is Post Utme Uniben 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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