Post Utme Achievers University 2023 Economics Question 32
Practice objective / multiple choice question 32 from the 2023 Post Utme Achievers University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer has a budget of ₦100 and the prices of the two goods are ₦20 and ₦30 respectively, what is the maximum utility the consumer can achieve?
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About This Question
This is Post Utme Achievers University 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Achievers University Economics examination.
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