Post Utme Bowen University 2017 Economics Question 8
Practice objective / multiple choice question 8 from the 2017 Post Utme Bowen University Economics examination.
A consumer's utility function is given by U(x, y) = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is 2x + 3y = 30, what is the optimal combination of x and y?
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About This Question
This is Post Utme Bowen University 2017 Economics Question 8. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.
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