Post Utme Al Hikmah University 2025 Economics Question 8
Practice objective / multiple choice question 8 from the 2025 Post Utme Al Hikmah University Economics examination.
A consumer has a utility function of U = 2x + 3y, where x and y are the quantities of two goods consumed. The prices of the two goods are $5 and $10, respectively. If the consumer's income is $100, what is the consumer's optimal bundle of goods?
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This is Post Utme Al Hikmah University 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.
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