Post Utme Bells University 2025 Economics Question 9
Practice objective / multiple choice question 9 from the 2025 Post Utme Bells University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where U is utility, x is the quantity of good x, and y is the quantity of good y. If the consumer's budget is ₦1,000 and the prices of good x and good y are ₦100 and ₦200 respectively, what is the value of the consumer's utility?
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This is Post Utme Bells University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.
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