Post Utme Unn 2017 Economics Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice

Question 38 POST_UTME_UNN • 2017 • ECONOMICS • objective

A consumer has an indifference curve given by \( U = 2x + y \) and a budget constraint given by \( 2x + 3y = 12 \). Find the consumer's optimal consumption bundle.

A. \( x = 2, y = 4 \)

Correct Answer B. \( x = 3, y = 3 \)

C. \( x = 4, y = 2 \)

D. \( x = 5, y = 1 \)

Correct Answer

Correct Option:

\( x = 3, y = 3 \)

This is Post Utme Unn 2017 Economics Question 38. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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