Post Utme Achievers University 2017 Commerce Question 15
Practice objective / multiple choice question 15 from the 2017 Post Utme Achievers University Commerce examination.
A consumer has a utility function given by U(x,y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦2 and ₦3 respectively, what is the consumer's optimal bundle of x and y?
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This is Post Utme Achievers University 2017 Commerce Question 15. It is one of the objective questions from the 2017 Post Utme Achievers University Commerce examination.
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