Post Utme Uniport 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Uniport Economics examination.

Post Utme Uniport 2022 Economics Objective / Multiple Choice

Question 13 POST_UTME_UNIPORT • 2022 • ECONOMICS • objective

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

Answer Options

A. (2,4)

Correct Answer B. (3,3)

C. (4,2)

D. (5,1)

Correct Answer

Correct Option:

(3,3)

About This Question

This is Post Utme Uniport 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Uniport Economics examination.

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