Post Utme Afe Babalola University 2017 Commerce Question 34
Practice objective / multiple choice question 34 from the 2017 Post Utme Afe Babalola University Commerce examination.
A consumer's budget constraint is given by the equation 2x + 3y = 12, where x is the quantity of good X and y is the quantity of good Y. If the consumer's income is ₦12 and the price of good X is ₦2, what is the consumer's optimal bundle of goods?
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This is Post Utme Afe Babalola University 2017 Commerce Question 34. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Commerce examination.
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