Post Utme Abu 2023 Economics Question 27
Practice objective / multiple choice question 27 from the 2023 Post Utme Abu Economics examination.
A consumer has the following utility function: U = 2x + 3y, where x and y are the quantities of two goods. If the prices of the two goods are $2 and $3 respectively, and the consumer has a budget of $10, what is the optimal combination of x and y?
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About This Question
This is Post Utme Abu 2023 Economics Question 27. It is one of the objective questions from the 2023 Post Utme Abu Economics examination.
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