Post Utme Babcock University 2025 Commerce Question 35
Practice objective / multiple choice question 35 from the 2025 Post Utme Babcock University Commerce examination.
A consumer has a utility function given by U = 2X + 3Y, where X and Y are the quantities of two goods consumed. If the consumer's income is 100 and the prices of the two goods are 20 and 30, respectively, what is the consumer's optimal bundle of goods?
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This is Post Utme Babcock University 2025 Commerce Question 35. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.
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