Post Utme Babcock University 2017 Commerce Question 28
Practice objective / multiple choice question 28 from the 2017 Post Utme Babcock University Commerce examination.
A company's profit function is given by π = 2x - 3y. If the company's revenue is ₦100 and the prices of good x and good y are ₦2 and ₦3 respectively, what is the company's optimal bundle?
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This is Post Utme Babcock University 2017 Commerce Question 28. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.
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