Post Utme Aaua 2022 Commerce Question 19
Practice objective / multiple choice question 19 from the 2022 Post Utme Aaua Commerce examination.
A consumer has a utility function given by U(X, Y) = 2X + 3Y. The prices of X and Y are ₦200 and ₦300 respectively. Using the budget constraint, find the optimal combination of X and Y that the consumer will choose.
Answer Options
About This Question
This is Post Utme Aaua 2022 Commerce Question 19. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.