Post Utme Al Hikmah University 2021 Economics Question 3
Practice objective / multiple choice question 3 from the 2021 Post Utme Al Hikmah University Economics examination.
A consumer has a utility function given by U(x,y) = 2x + 3y. If the prices of x and y are ₦10 and ₦20 respectively, and the consumer has a budget of ₦100, what is the optimal bundle of x and y?
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About This Question
This is Post Utme Al Hikmah University 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.
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