Post Utme Babcock University 2017 Commerce Question 23
Practice objective / multiple choice question 23 from the 2017 Post Utme Babcock University Commerce examination.
A consumer's utility function is given by U(x, y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of good x and good y are ₦2 and ₦3 respectively, what is the consumer's optimal bundle?
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This is Post Utme Babcock University 2017 Commerce Question 23. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.
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