Post Utme Al Hikmah University 2023 Economics Question 10
Practice objective / multiple choice question 10 from the 2023 Post Utme Al Hikmah University Economics examination.
A consumer's utility function is given by \( U = 2x + 3y \), where ( x ) and ( y ) are the quantities of two goods consumed. If the consumer's income is ₦1000 and the prices of the two goods are ₦2 and ₦3 respectively, find the consumer's optimal consumption bundle.
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This is Post Utme Al Hikmah University 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Economics examination.
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