Post Utme Unn 2019 Economics Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Unn Economics examination.

Post Utme Unn 2019 Economics Objective / Multiple Choice
Question 3 POST_UTME_UNN • 2019 • ECONOMICS • objective

A consumer's budget constraint is given by \( 2x + 3y = 12 \). If the consumer's indifference curve is represented by the equation ( u(x,y) = 2x + y ), find the consumer's optimal bundle of x and y.

Answer Options

Correct Answer A. (4, 2)
B. (3, 3)
C. (2, 4)
D. (1, 5)
Correct Answer
A
Correct Option:
(4, 2)

About This Question

This is Post Utme Unn 2019 Economics Question 3. It is one of the objective questions from the 2019 Post Utme Unn Economics examination.

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