Post Utme Uniosun 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNIOSUN • 2017 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y. If the price of good x is ₦50 and the price of good y is ₦75, find the consumer's budget constraint.

Answer Options

A. ₦150
B. ₦225
Correct Answer C. ₦300
D. ₦375
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Uniosun 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Uniosun Economics examination.

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