Post Utme Afe Babalola University 2022 Economics Question 12
Practice objective / multiple choice question 12 from the 2022 Post Utme Afe Babalola University Economics examination.
A consumer has a utility function U(x, y) = 2x + 3y, where x and y are the quantities of two goods. If the consumer's income is ₦1000 and the prices of the two goods are ₦5 and ₦10 respectively, find the consumer's optimal bundle of goods.
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This is Post Utme Afe Babalola University 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Economics examination.
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