Post Utme Unilag 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Unilag Economics examination.

Post Utme Unilag 2019 Economics Objective / Multiple Choice

Question 4 POST_UTME_UNILAG • 2019 • ECONOMICS • objective

A consumer has a budget of ₦100 and faces prices of x and y of ₦5 and ₦3 respectively. What is the consumer's indifference curve?

Answer Options

Correct Answer A. U = 2x + 3y

B. U = 3x + 2y

C. U = x + y

D. U = 2x + 2y

Correct Answer

Correct Option:

U = 2x + 3y

About This Question

This is Post Utme Unilag 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Unilag Economics examination.

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