Post Utme Veritas University 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2019 Economics Objective / Multiple Choice
Question 33 POST_UTME_VERITAS_UNIVERSITY • 2019 • ECONOMICS • objective

A consumer's indifference curve is given by U = 2x + 3y. If the consumer's budget constraint is given by 2x + 3y = ₦100, the consumer's optimal consumption bundle is

Answer Options

A. (10, 20)
B. (20, 10)
Correct Answer C. (15, 15)
D. (25, 5)
Correct Answer
C
Correct Option:
(15, 15)

About This Question

This is Post Utme Veritas University 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Veritas University Economics examination.

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