Post Utme Veritas University 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_VERITAS_UNIVERSITY • 2017 • ECONOMICS • objective

A consumer's indifference curve is given by U = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12, what is the consumer's optimal bundle of x and y?

Answer Options

Correct Answer A. (2, 4)
B. (4, 2)
C. (6, 0)
D. (0, 6)
Correct Answer
A
Correct Option:
(2, 4)

About This Question

This is Post Utme Veritas University 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Veritas University Economics examination.

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